Hi Wegian, looks like you made the right call, and thank you for...

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Meghoon

110 Posts.

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27/01/22

12:38

Post #: 59158759
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Originally posted by wegian: ↑

Looking at the S&P500 the price broke through a major long-term resistance level and I now believe the price is going to pull back into the mean range.

The price will break back into the long-term resistance and bounce off previous resistance at 3400 and re-establish the long term resistance back into play again.

3400 by June and then we shall see the market go crazy again for a long-term uptrend for years to come.

All above is just my thoughts and angle on the situation nothing more.

BRN will hit 60¢ in June and $3 by year close is my prediction. Easily a $10 company in a few years.

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Hi Wegian, looks like you made the right call, and thank you for taking the effort to even try to warn some holders hey!
Shouldn't have waited too long to have taken some profits off, although I'm more of a long term holder here...it's still painful! When I could have sold some and buy more at a lower price.

Wow though, I know you and one other guy in one of the BRN forums that I felt like I should have listened to, but I'm stubborn and too patient!

This one guy, I forgot his name, but he predicted there will be a large fall after around the 2 dollar peak, because he saw a gravestone doji. And I'm not technical, but I am starting to see the value in understanding technical analysis more now.

Did you learn it through online course or did you read a book on it?
And what tool is your preferred tool for charting? Thanks

Last edited by Meghoon: 27/01/22

BRN Price at posting: $1.39 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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