one day at a time thursday, page-22

  1. 9,861 Posts.
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    Voltaire

    I think until its a clear break for BHP, i probably will just stay with the speed angles which seem to be doing well.


    What might give it the push out and a blow off into the June date would be the RIO chart which i have the following few thoughts. Seems crazy but got to trust the chart
    - the recent high was of no significance with support at 65 ish and the upside being 80
    -so is 80 the blow off target which is also the 38.2% still leaving it in a weak position overall
    - 80 has been the equator for RIO so it seems logical it trys again

    Any RIO followers, please dont see this as a trade reco from me, as i dont trade the stock. And am not overly familar with its trading patterns.
 
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