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skyesfan1

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skyesfan1

Re: Det_Robert_Thorne post# 21267

Sunday, 07/19/2015 10:09:12 PM

Sunday, July 19, 2015 10:09:12 PM

Post# of 86313
In April 2015, LIBE it reached a high of .0139 (1.39 cents).
It last closed at .0006, a fraction of the price it was at in April. Schocastics oscillator shows a pattern of a descending triangle being broken out of. Since the middle of April, there has been consistent volume in LIBE, indicating possible accumulation.

The price action on LIBE also shows a descending triangle with compression. An upward break of the triangle could happen soon as the schocastics has already broken the descending triangle, and is often a leading indicator. A big upward movement could be expected soon in LIBE. This is not a recommendation to buy or sell only an observation of the technical patterns.

https://stocknerds.wordpress.com/
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