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Friday, February 20, 2009

Answer for questions

Noble ,
you can observe its fib 38.2% @1.25 confluence exactly with its horizontal resistance. i didn't short this stock as I short Olam on that day. It's still an uptrend stock, let's see where it retrace to.



ST Enggy

It was resisted and head down by 100dma, before it reaches its trendline 2.39 area. If it bounced back again to test it, chance to short.

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Thanks For Your Insightful Comments!