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Re: hwpbnj post# 1455

Friday, 09/22/2017 5:09:34 PM

Friday, September 22, 2017 5:09:34 PM

Post# of 2641
Don't use pattern very much. Rather other TA. You are correct that the chart is not great and could go to the 20's but would be more due to fundamentals.

My chart setup (you need paid StockCharts to see the indicators)



The positives I see is the stock is oversold (RSI, Wm%R(14) and CCI). The Full STO has turned up and the MACD seems close to the bottom. Otherwise not so great. Looks as if there stock doesn't trade down much more than 4 successive days and there has been 2

As stated this is a short term play for me and depending on world events over the weekend hope to sell on Monday or Tuesday.

Good luck.

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