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Tuesday, November 28, 2006

FRR - (ASX)

FRR is a recovery stock in the making. Note the rising lows and bullish MACD/Stochastics relationship. Couple these chart indicators with FRR having broken resistance (blue line) with a pull back onto support gives us a good entry on a break of $0.805 for a projected target of $0.90 - $0.95.
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