MQG(MACQUARIE GROUP LTD):20-10-211
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In a weekly chart, price touches the blue dotted line which acts as resistance line(this line was the support line but when passed down , now is the resistance and the recent upward might be just a pullback) . also 20EMA and Momentum 0 could be considered as resistance level.
But in daily chart, there is a possibility of Head and Shoulders pattern, but 1st we should see the right shoulder and then the neck line should be passed up with a good volume then , then the target could be around 30.00
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- technical analysis from iced earth
technical analysis from iced earth, page-31
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