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Thursday, August 24, 2017


M1 - 24th Aug 2017

M1 after touching the low of 1.705 on 11th Aug 2017 , it has managed to stage a strong recovery and head higher to touch 1.825 on 21st Aug 2017.This is generally quite bullish/positive.

The current price of 1.795 is staying above the 20 SMA line which is generally quite positive.

Short term wise, i think it may likely move up to re-capture the recent high of 1.825.
Breaking out of this level with good volume, that may propel to drive the share price higher towards 1.90 with extension to 1/965.
Not a call to buy or sell.

( trade base on your own decision)

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