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Wednesday, September 20, 2006

Semb Kim

As requested by james. Listed since 3 February 2000 on SGX Mainboard, Sembawang Kimtrans Ltd is a leading integrated logistics service provider, offering air, land and sea logistics services.

From chart, prices looked set to stage a comeback after touching support at .60 , with resistance at .64 , other support levels at .58/.53 . RSI is trending well into an uptrend channel. Using this as an example, if one is to use supp at .60/.58 and resistance at .64 as a reference, the risk/reward ratio would be 1:2 , the risk of falling by .20, the reward of rising .40 .

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