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Wednesday, March 08, 2006

China Petro as requested by Petrolhunter - Sunday, March 05, 2006


Price broke 53.5 cents the previous peak created on 27th February 2006 and closed at 57 cents. 57 cents was the high of the tiny inverted hammer on 9th February 2006. Taking reference from the low of this inverted hammer the first support level will be 55 cents. The second support level is 53.5 cents. If strong buying continues tomorrow 59 cents will be tested.

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