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Federal
Another oil & gas marvel requested by baby. From a low of 0.20 to its high of 0.76 on 9th Feb'06, it has retraced 61.8% of its gains at 0.415 which will now be a gd support. Currently it is facing resistance at 0.545, a 38.2% retracement from its all time high. Likely to remain rangebound between 0.48 & 0.545 until high volume breakout from either point. Higher chance of breaking up, as abnormally high volume observed on days with higher close. Not surprising for a stock which doubles it price within one month. 
Another oil & gas marvel requested by baby. From a low of 0.20 to its high of 0.76 on 9th Feb'06, it has retraced 61.8% of its gains at 0.415 which will now be a gd support. Currently it is facing resistance at 0.545, a 38.2% retracement from its all time high. Likely to remain rangebound between 0.48 & 0.545 until high volume breakout from either point. Higher chance of breaking up, as abnormally high volume observed on days with higher close. Not surprising for a stock which doubles it price within one month. 
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