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How low will sp drop before consolidation, page-73

  1. 1,942 Posts.
    lightbulb Created with Sketch. 1007
    The large present gap on the daily chart looks like it is going to close, it's attempted this previously coming down to 19 cents but then had a run.. you would have to assume on its current trend it will likely close the gap at 15 cents..
    To me this looks a good entry point for a short trade.
 
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