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2025.05.04 end-of-day

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Wednesday, June 17, 2009
Jaya

Jaya has broken out downside from SHS top formation since last Monday. Unfortunately, Jaya announced shocking news today. This news is bad enough to drive it down to very low price. The 78.6% fibonacci retracement is around 29-29.5 cts. Please refer to the chart for the rest of the fibonacci retracement. Definitely not an inducement to trade.
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