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.Ichmoku daily chart is bullish, - weekly chart is still in...

  1. EdKunky
    171 Posts.
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    25/08/20
    14:32
    Post #: 46801452
    .

    Ichmoku daily chart is bullish, - weekly chart is still in bearish mode although looking very good. It appears the price action is trying to slip through the cloud twist on the weekly Ichi chart (resistance at 21.5-22.5. Once through the cloud the resistant cloud should become supportive cloud. Next the red downtrend line may cause some hesitation, but on a break and test of that we can move to c 50c for now, and then on to c 60c . Looking good IMO.

    https://hotcopper.com.au/data/attachments/2411/2411495-3727e5c09ff7b385d74a0eb8ce66250f.jpg
    DEM Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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