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  1. 4,676 Posts.
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    Below is a good example where a Bullish Piercing Line Pattern, lead to a share price up swing. Just used graph for example purposes, as both stocks are in vastly different market sectors and have different fundamentals.


    https://hotcopper.com.au/data/attachments/3279/3279403-0388deec0b42b6faf3cc6d7e154aea07.jpg

 
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