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Tuesday, 06/19/2018 6:45:55 PM

Tuesday, June 19, 2018 6:45:55 PM

Post# of 384
The SNES chart is looking good and appears to have it's sights set on 2.00. Once thru, 2.50-3.00 should be the next target. It should also put in a bullish 'golden cross' by next week (50 MA crossing back over the 200 MA). While this is a lagging indicator, it reflects the recent bullish move.

On the penny stock front, ARYC looks interesting. Over the past 2 weeks it broke out from the .02 resistance area and so far has reached .05 after some wide daily swings, and today settled at .045. The next resistance should be the band from the .06 - .10 (trading range from late 2015), so that's the near/mid term target to watch.

TEVA is also looking good. After its big 2016-17 unraveling, it has bounced back and looks to be eyeing 30 in the near/mid term. I thought it might be getting ahead of itself somewhat, but the recent announcement that Berkshire Hathaway took a big position and then added to that position has helped the recovery a lot.

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