Happy New Year Chart thread . !, page-580

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mr_delta

12,125 Posts.

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27/09/18

09:19

Post #: 35871515
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Originally posted by mr_delta ↑

@Home8891 - apologies first - I totally missed the small touch of 93c today - I was looking at the 92.5c as the top and thought I was still 0.5c away from my 93c target... it got crossed today and hence completes the run based on that DOJIs that I have mentioned in Picture #1 below

View attachment 1309520

This brings the next target in line - a couple of SUPER BULLISH things on the chart that I need to point out first - the sp crossed over both - the 60 & 200EMA on Friday and today's run in continuation of the run since 9/9/18 has caused the MACD to get it's head above the 0 line. The sp is now free to move a lot more freely

The next couple of resistance points are in the 96-97c and 103-105c range and the target we can reach now is 106-108c.... this is the price where I expect some supply to kick in and slow the run (does not mean the sp will not be able to get over that - this supply will need to be absorbed before the sp can run higher - but we will worry about this when we actually get there)...

enjoy the run until then !!!!

View attachment 1309529

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looks like PLS will not stop giving me my MID-POINT DOJIs

not complaining here as I get my 3rd doji in this run up and I get an upper target of 108.5c which is very much in line with my target on the previous chart - where I expected a run up to $1.06-1.08.... so this lines up pretty much in the same range - another confirmation of the target but through a different way !

PLS has helped me on my research more than what all the other studies combined have done... very happy with this so far...

PLS Price at posting: 88.0¢ Sentiment: Buy Disclosure: Held
41 Upvote

7 Great analysis

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