very long wick

  1. 56,978 Posts.
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    Clear resistance met this morning with a failed bounce. The low of this morning is 37 indicates she may have broken the 38 key support. Next stop? 61.8 is around 29.5. She'll need to hold 38 today, if not Monday.

    The bounce clearly indicates she is still being traded by monentum monkeys.

    The good news is that she will not fall forever.
 
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