Friday, June 19, 2009
OVERSOLD
We are oversold in hourly charts which could lead to technical bounce. Today's pivot is NF 4292 with resistance 4306-4347 and support at 4236-4223. NF strong as long as it trades over 4270 and will gain upward momentum only over 4352 and is Weak below 4247. This could be just a recovery day.
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