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Monday, June 04, 2007

Sino Techfibre


As requested. Sino Techfibre has establish a base support at the 61.8% retracement from the high of 1.64 to the low of 1.10. From todays price actions, resistance levels to break through are at 1.40/1.44/1.52 while support levels are at 1.37/1.30 . Volume count of 10mil and above on an upwards move would be bullish and high chance of breaking through resistance levels.

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