Stochs in a rising position. Not yet O/B but increasing bullishness. Testing the outer limit of the price band. Prices broken out of the trend channel which is also at the break of the current 4th wave. The ensuing breakout is 5th wave. Looking for to test the last high at 290 or possibly 310 if bullish sentiment prevail. Before correcting in anticipation of a bull trend.
Looking for prices to test 290 which is the last resistance and also the upper line of the upward sloping trend channel.
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21 July 2010
Looking for prices to test 290 which is the last resistance and also the upper line of the upward sloping trend channel.
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21 July 2010
In hindsight. I asked myself why ?? Why ?? Wasted my time and effort not to mention money. Had already labelled the chart. Only a few more days, could have easily profited and pocketed some sterling pounds !! The date of post is not the exit date. It was actually yesterday.
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