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Re: Norway Invest post# 20732

Thursday, 07/31/2014 11:19:48 AM

Thursday, July 31, 2014 11:19:48 AM

Post# of 81999
.115 is trend support right now. So technically speaking, if we hold above .115 at the close we will still be on the same trend line which includes higher lows.

.109 was the last low, so if we start another upward move before that level we will still be maintaining higher lows, but the upward trend line might change.

All in all, this downward move is nothing to worry about unless these supports are breached.

I am adding in mid-high .11's here anticipating a bounce off of the trend line and another move up.

GLTA!
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