Ah Archer a respected chartist.
Maybe maybe not. i think what is really important with all charts is to look at the background, what happened in the immediate past, what happened prior to this bounce. We saw some pretty serious buyers stepping up at the lows, both those bars are still in play indicating buying. My thoughts are this is just a breather before the next more north. Nothing is ever set in stone though as we well know. Lets see how it plays out.
38 cents by end of November, page-311
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