Daytrading June 15 afternoon, page-14

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    MBE:ASX - Mobile Embrace Limited

    Just looking at some charts, looks to me like that gap at 33 cents could be filled and then a retrace upwards. This company just had an oversubscribed capital raising at 30 cents, currently trading slightly under that with strong support at 28.5 cents. Stochastics and RSI suggest it is oversold. Profitable company, growing revenues and reducing costs. An interesting one to watch given the current state of the chart.

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