Ta Writer, as always.
Technically could be an intra-day gap down to 79.5 BUT I personally believe that this volume has now been soaked up. Seems that there is a strong uptrend correlation of the last 3 breaks from the 20% oversold Stoch-line, when viewed via the weekly.
Buying at these levels, you just never know what is around the corner ... me thinks we may have cleaned some of those dirty windows on the bus!!
Regards, take care, and God Bless.
NL.
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