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ESSR daily 20/05/13

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Essar Energy took a nice trendline bounce today suggesting that this trend is still in good shape. It's also a higher low so a 123-low trade could beckon on a break of the earlier bounce high at 146.7p.

This would be the cue to go long targeting the 155p and 164.5p resistances. Stops should be below today's low.
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