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Monday 21 May 2012

OSIM & Swiber

OSIM: I decided to take a short position as it broke below the triangle. I shorted at 1.165 but on small lots as Igmarket's margin was 25% on this. The prior trend to the triangle was downwards, so a breakdown was expected. My own target is about $1.

Swiber: It gapped down on open below the support line.. Looks bad. I didn't managed to short as I was too slow.

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