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Re: CarlCarlMcB post# 1323

Wednesday, 07/06/2016 5:28:44 AM

Wednesday, July 06, 2016 5:28:44 AM

Post# of 1766
It may not take as long as until next year, however, as I said in posts 1304 and 1302, keeping an eye on the MACD and other indicators should serve to better time an entry. The 40 week moving average is crucial on weekly charts, and it would appear that Fib support may be lining up alongside that average.

There is such a thing as buying the right stock at the wrong time. I'd suggest just allowing it to continue inching downward until such time as the support zones are fully established, and pick the low hanging fruit when it is ripe for the picking.

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