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Monday, March 27, 2006

LifeBrandz weekly chart as requested by Ellen


Since IPO price has been falling steadily and forming a hugh falling wedge. Price trying to breakout above the upper wedge. Weekly RSI and stochastics still dropping. Need breakout above the resistances at 8 cents shown by the blue line and 9 cents shown by the green line before it can established a strong base for reversal. Immediate resistance is 7 cents. Immediate support is 5.5 cents. Next support is 5 cents. For FA detail analysis please see Gallen at http://kelongstocks.blogspot.com

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