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Dpalm

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Dpalm

Re: Dennisb68 post# 20030

Wednesday, 11/22/2017 10:38:47 PM

Wednesday, November 22, 2017 10:38:47 PM

Post# of 32443
Look at the weekly chart and notice that .02 was strong support back in early '16, which is now resistance. We have gone through .02 and lost it a couple times, but in the last few weeks it has been major resistance. This year the 50 dma is a line of strong support on the weekly chart. If we blow through .02 and the 50dma increases above .02, we will likely not be turning back.
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