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  1. pilsner
    3,654 Posts.
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    04/10/12
    18:11
    Post #: 10814375
    previous post was meant to say weekly close below 1.8c the reason as illustrated by this chart if that happens tomorrow then the call to 1.3c technically may be the correct one. However also notice the technical significance of weekly candle no2 and the previous 'pivot candle' marked as no1. The tail retraces to confirm support of previous resistance line. This would not be possible without todays price action but tomorrow I will want to see a close =>1.8c

    ANP Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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