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Tuesday, April 04, 2017 11:15:37 AM
$.85 NOW. Outlook on this one???
As long as the MACD is above 0 it should continue to go higher.
So if lately it completed a bull flag the rise was around +0.60 before.
I would add that to the current price to get 1.45 as a reasonable outlook for a peak or pause. It might also consolidate around 1.1 on the way.
That doesn't mean it stops making higher highs and higher lows as the while the MACD is above 0. It just makes note of a highly probable peak nearby on the way...where it stops nobody knows really.
normal chart
log chart
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