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Monday, August 14, 2006

SSH

As requested by Yen. Listed since 28 July 1997 on SGX Mainboard, SSH Corporation Ltd formerly known as Sin Soon Huat Ltd main businesses consist of trading in industrial materials, welding and cutting equipment.

Technically, the 38.2% retracement from the low of .20 to high of .355 is .26, which should provide support for the price in the mean time. Next significant support at .24. The 61.8% retracement is at .295 which was tested twice recently. Look to a consolidation at the current region for another attemp at .295. Downside risk is a break of .26 towards .24.

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