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HOIL daily 21/07/13

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Just a quick one here. There's a gap at 169.7p which should prove resistance if it hasn't already been close enough.

I'm not yet convinced that this whole move up is the start of a new trend. It looks very much like a 3 wave corrective move so far. We can't know that for sure unless there's a drop below the higher low of 127.5p but if that gap holds and it then goes below 140.75p it'll look odds on for that to happen IMHO.
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