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SynthTrader

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SynthTrader

Re: Xmandingo post# 26427

Thursday, 05/28/2015 11:39:14 AM

Thursday, May 28, 2015 11:39:14 AM

Post# of 45711
It is a natural chart resistance at .0032 with the 20-MA on the 60-minute chart there. So, we get a drop back down to the .0028 area until it can muster enough strength to break above the 20-MA.

If it can break through that barrier, then expect a quick move to the .0042 resistance area.

Of course, that is barring the appearance of VNDM who would most likely stop any momentum almost immediately.

I am not a promoter or professional stock trader. I'm a regular guy who enjoys stock trading to make (or lose) a few dollars. I am only responsible for my own trading foibles, not yours...do your own DD.

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