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Sep 24

TECHNICAL ANALYSIS BY NSFX 24.09.2014

By:Nati

High:  Low: 

Resistance trend-line connecting the April 2011 and the November 2012 highs with support at the $18.62 level giving way which has held through previous tests in June and December last year as well as in May of this year. Last Friday’s session saw bears push the level lower past the $18.20 mark, there is possibility that this may act as resistance going forward.

R3
R2
R1
S1
S2
S3