Daily Chart...the trendline story | ZIOP Message Board Posts

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Msg  76589 of 113388  at  3/21/2017 6:46:11 PM  by

jim_pd


 In response to msg 76585 by  topspin
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Re: Daily Chart...the trendline story

 At 6.40 there was almost 100% chance of declining into 5's but now
that it has happened it is clear that something positive is really
needed to turn price up and not violate the triangle.It could be
enough decline-but it is not like a normal rounded bottom discounting
news known to many from negotiations over one year. 
 
Only news is likely to do this especially if the market heads down to
the 50 day sma tomorrow, 


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