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SPQ chart, page-594

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    Hopefully its testing the averages as well! when a breakout first starts there`s a whole lot of different trending TA which kicks in with that new momentum. support at the 9 EMA and later down the track the 13 EMA..62% Fib supports, Bollinger bands etc but yes old price resistance is usually the first and probably the most obvious to everyone.
 
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