week 3 january, page-46

  1. 1,568 Posts.
    AUT
    AUT 20110121D

    current yellow trend channel is valid....the repeated range (black arrows) has completed which is why it is now retracing.....currently retraced and bottomed on the 23.6% fib level which is bullish for future moves up....also supporting the continuing up movement is the stochastic trend.....wont see any serious downside unless that is broken
 
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