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Monday, 12/15/2014 3:10:17 AM

Monday, December 15, 2014 3:10:17 AM

Post# of 731786
Chart Update: Sound Longterm Uptrend!

If you look at the 3-year-daily chart and rate the yellow area as "euphoric overshoot" (because of the KKR commitment letter), which was brought down again (because of the long time without any M&A news), then you should realize that the WMIH PPS is in a very sound longterm uptrend, and the PPS (currently @ 2.02$) is where it would be if we'd assume linear continuation from Dec. 2013 before the jump to nearly 3$. I didn't draw that line, but it is easy to see...

Also the accum/dist line below the chart is very telling!!!
With M&A news this could easily jump to its new all-time high IMO...


Chart courtesy of StockCharts.com

Doesn't the chart look very good?!?
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Total Trades:
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  • 5Y
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