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Friday, July 14, 2006

Asiapharm

As requested by sunningdale: Asiapharm. It has failed to held firm at 0.77, the 61.8% retracement mark, and when this mark was broken, the carpet simply gave way beneath. Most importantly, today it broke another support at 0.72. Look to 0.68 for it to stage a rebound, failing to do so would see it touch 0.625 again.

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