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Tuesday, July 25, 2006

Ferrochina

As requested by victor. From the chart, it closed today below .815 intraday, not a gd sign, .815 is the 38.2% retracement mark from its high of .97 & low of .55. RSI is going to point down soon, look to .73 and .665 for support and consolidation for the next leg up.

1 comment:

TopTrader said...

Need a valid breakout of 0.81 nl with heavy volumes to be bullish.