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"4.2c is what I would like to buy back in at" Weekly chart says...

  1. LeeKing
    5,876 Posts.
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    22/06/17
    19:39
    Post #: 25439142
    "4.2c is what I would like to buy back in at"

    Weekly chart says it's possible - convergence of gap support line and bottom of trend channel. Often they bounce 1 to 3 pips before the gap support because people anticipate other buyers at the gap:

    OBJ wkly.PNG
    Last edited by LeeKing: 22/06/17
    OBJ Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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