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Price showing signs of finding support at its breakout level...

  1. TTrader
    1,010 Posts.
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    10/12/15
    10:46
    Post #: 16584882
    Price showing signs of finding support at its breakout level (from July) of 2.29. A hammer & inside bar are signs of buying pressure & rejection of this level. On the big picture, the 61.8% retracement of the entire low to high move is 2.36. Please refer to enclosed chart.
    First target around $3.
    Cheers 1pg.JPG
    Last edited by TTrader: 10/12/15
    1PG Price at posting: $2.57 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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