Monday, May 19, 2008

Celestial Next Resistance 200 days EMA


Approaching resistance band 94.5 to 91 cents and 200 days EMA resistance line. If price can breakout above this band the next resistance is $1.07 to $1.05 followed by $1.16 . Immediate support is the red neckline support of the inverted head and shoulders formation. Next support is 20 days EMA followed by 50 days EMA lines.

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