Thursday, July 8, 2010

JES

Resistance 2: $0.195
Resistance 1: $0.18
Support 1: $0.165
Support 2: $0.145

No clear directions at this moment as the prices are trading range‐bound between $0.165 and $0.18. Current trend is conflicting with 100‐ and 200‐day EMA converging together. A breakout on either side would suggest a clearer direction.

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