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SLE daily 16/07/13

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If I was in a risk-taking mood I might buy this due to the RSI breakout but it would be a risk as price got rejected from the short term downtrend and the main downtrend is still some distance away.

The gap at 5p got filled nicely and there's been a decent bounce to produce that RSI breakout so a close above 6.65p (the previous high) would give a higher high after the higher low at the gap.

There's still that downtrend and 7.88p to deal with but it might be starting to get interesting here.
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