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Rhee

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Rhee

Re: THEBENZ post# 18403

Tuesday, 07/08/2014 10:54:11 AM

Tuesday, July 08, 2014 10:54:11 AM

Post# of 34668
Well played, Benz. It really is just in a triangle or channel, with the 38.2% fib as support.

"Normally" such short-term momentum would carry it for the second leg on break of .15. But when they are not manipulating it volume dries up. So it's consolidating on its own steam to decide whether it wants to be a short-term bull-flag for another .10 move up or a loss of the 38.2% fib support to retest .10 PPS.

If new volume comes in, it's probably the MMs again...

(A) Have very reasonable expectations; (B) Educate yourself and perform due diligence; (C) Don't enter without a strategic plan and target, for both best and worst case scenarios; and (D) Lead inward/outward and never follow.

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