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Re: None

Wednesday, 04/13/2016 11:31:23 AM

Wednesday, April 13, 2016 11:31:23 AM

Post# of 19526
We need to hold at these levels. Breaking the PAR SAR to the upside would be a start. Crossing the RSI 30 to the upside would also be good, both of which we are close to doing at the moment. It looks like we are going to see a bit of support in the .0575 range for now but a trading day like today is always incredibly hard to make any kind of predictions with. Any day where a PPS raises 100% in the first hour is going to be full of flippers and profit takers. I would honestly be happy if we could form a stable base somewhere around .06 today and reverse this downward trend.

A good solid base at these levels today, along with maybe a bit of exposure from the recent PR should let us break the PAR SAR and RSI 30 to the upside tomorrow. A lot of money was made between 9:30 and 10:30 today but not by any long. I averaged down a bit and will wait to see what tomorrow brings. I think we may have something here. Exposure is what we need now, volume can be our friend if it is the right kind.

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