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Thursday, December 01, 2016 2:51:05 PM
Also with how quickly it's moved up, it doesn't show much volume area's that will catch well as support if momentum transitions, I mean 205-210 barely you could say, but with how quickly it tends to decline, I think the profit potential's a lot greater than the 200 area anyways, but rather not look at that as motivation since it's unsure lol, so if it does break that it's just a nice additive (:
Also if it does move to 195 I'll be extremely excited, as entering a heavy spread on it will play out nicely, because then it will either return to ATH's if the market really does decide to move hard upwards in the beginning of the year, or if it breaks 195 to the downside we'll see 165.
$30 either direction easily covers the loss of the opposite side + plus another 100% return
Looks like we'll see
My post, are done in belief, and In my own opinion. I am not responsible for any trading decisions of others, do your own due diligence and choose what you believe to be the right position is.
Let's continue to beat the market by 100 fold,
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