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16/05/17
21:11
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Originally posted by Bundy
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What I said was that is was just normal cyclical movements. Prices go up and down in waves. The trend is up, so the medium term probability is that it will continue - after a pullback. This wave is complete on the balance of probabilities.
The $4.60 pullback target is an approximate value based on a 50% retracement of the upward leg starting back in November last year. This is common.
Timeframe? How about 07/06/17 @ 1.37pm. From there is will resume it's upwards trajectory until it encounters heavy resistance on 19/09/17 and trade in a 8-12c band as it tries to break through resistance for 11 trading days. Once through resistance it will continue upward and terminate 0m 19/12/17 at $6.56 just in time for you to buy some Sukin moisturiser for Xmas.
I aint Nostradamus and neither are the six gumby analysts that work for the Financial Times.
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Lol...
Glad of your more serious input, moreso then the Shady character of before ....
Sorry if you became angry but I wanted to see what you were really thinking!
Great Insight....
Thank you