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Tuesday, October 13, 2015 10:08:26 AM
But this chart is technically calling for weeks of downtrending consolidation...once it hit its high around .05 and THEN it REVERSED its TREND... its now in a CONFIRMED down trend
HENCE, why day by day this has moved LOWER for the past 8 trading sessions... the trend is not going to reverse back tp UP trend until the shorts are destroyed... that may or may not ever happen...
AND its OBVIOUS from trading actions that shorts have attached themselves here and are going to grind this down to re-test .02
If this does eventually make a move higher after the next financial statement, the shorts are going to make the longs fight for it every bit of the way...
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