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After finding good support at 229p in December and January, Mears has rallied convincingly, gaining around one-third.
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It now faces a significant challenge in order to break through its weekly cloud and make a high above 318p.
The shares have decent support on the downside, from zones of support at 275-265 and 239-229. The rising monthly cloud is also nearby.
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-IC-1.5.4a-prod - 31/10/2008 13:11:34 - carlos.princz
