SOR 0.00% 4.3¢ strategic elements limited

Serious Technical & Fundamental discussion only, page-315

  1. 1,836 Posts.
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    The company finished with a double doji candlestick pattern yesterday which shows a true arm wrestle between buyers and sellers. The arm wrestle is not likely to continue. This pattern usually resolves by a decisive move by one party either to the upside (or higher) of the highest doji wick or a break to the low side of the lowest wick. That the pattern comes generally in a downtrend pattern on a 3 month view means there is a good chance of the break staying at $0.27 or higher- but not guaranteed. So in short the pattern indicates a good likelihood of a close at or below $0.25 or at or above $0.27, or will make a liar out of me and finish again in between! A small possible range but interesting to watch if it occurs. Good luck if you are holding. Cheers
 
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3 224883 4.3¢
 

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4.4¢ 157975 2
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