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Alias Born | 05/09/2013 |
Wednesday, January 28, 2015 6:46:06 PM
It might weaken some yet from low 1.30's, and clarity on capitulation is needed yet. But I am about ready to pull the trigger near lower 1's.
It is also significantly below its 9 & 20 day averages. I would anticipate a rebound toward those areas near 1.65 minimally, or as much as 2+.
And the fundamentals & financials are not great here, but certainly not bad enough to worry about in the short term, so sets stage for good entry soon.
http://stockcharts.com/freecharts/gallery.html?s=salt
I've been an experienced trader for much longer than my I-Hub profile has existed... an 'FYI' for those of you presumptive people who strangely think that a message board alias age makes in reality a person or their ability.
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