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Interesting bit of TA...2 year descending triangle.These often...

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    Interesting bit of TA...

    https://hotcopper.com.au/data/attachments/6330/6330432-b5337d5de24b7e9408bac9aadc82521c.jpg

    2 year descending triangle.
    These often break to the downside, but with this duration it becomes more of a basing setup and can break to the upside.

    Target:
    = height of back of triangle (~22c)
    + breakout level (21-22c)
    = ~43c

    [50 month MA also = 42-43c]

    We'll see.

 
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