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Saturday, January 26, 2008

Lian Beng Approaching 50% Retracement Level




Double confluence signals at 65 cents 50% Fibonacci Retracement and 20 day EMA resistance line. Next resistance zone 70 cents to 65 cents. Support zone is 54 to 48 cents. Monitor support and resistance zones.




Can the strong buying by BB break through the resistance zone 65 to 70 cents?

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