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Day Trader’s Aftermarket Lounge 25 June 2020, page-157

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Veritas2000

12,547 Posts.

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27/06/20

13:34

Post #: 45488122
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Originally posted by Lambrae: ↑

The long term AUC charts look good to me . (5 year and 10 year) .Is there a reason to explain the massive volume on this rise , compared to historical volumes ? There is however, long term significant resistance at current levels for AUC . I would suspect some distribution here above the line drawn below , with a pullback or consolidation needed - could go sideways, and might also retrace up to the high of the last bar - or perhaps more likely (longer time frame ) - down to 2.4c to find enough support to spring from in order to break through resistance above . Still learning here. Don't take my word for it , as I have significantly more understanding of some parts of the chart than others . All the best with your trade joedirt5.
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Lambrae,

You are way, way too modest...... "Still learning here. Don't take my word for it ,"

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