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Re: User-65225 post# 75528

Wednesday, 11/22/2017 5:18:16 PM

Wednesday, November 22, 2017 5:18:16 PM

Post# of 346672
With the high volume selloff yesterday I was asked to give a chart analysis. I don't know who looks at my analysis' but I was asked nonetheless so I obliged.

I wanted to be as transparent as possible. I did not mean to cause anyone to panic sell on a down expectation so I left the analysis as a whole impartial to either side.

When the support broke this morning and we dipped, I encouraged people to buy the bounce, especially if your stop loss was triggered. A green close after that would have most definitely triggered a run.

I agree with the sentiment that you should not create fear, I don't think I have. I also believe if someone is asking me to do some chart TA, I should be as transparent as possible.

I hope I did not cause any selling because that was not my intention. I was more hopeful that it would be seen as a great buying opportunity.