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JJ8

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Alias Born 02/13/2012

JJ8

Re: GolfFishSurf post# 7928

Thursday, 09/27/2018 4:08:14 PM

Thursday, September 27, 2018 4:08:14 PM

Post# of 8107
From a T/A perspective, your question is interesting and may be also timely.

The Demand Volume is not impressive and a price surge to a higher level does not seem to me to be too likely.

But the charts are mainly a record of price and volume of the past.

Any guess based on them is just like "beauty is in the eye of the beholder".

It all depends on Sprint company developments and when good news is made.

"Any very-near-term catalysts to make this rise into the 7's?".

The PSAR looks still positive at this time... as both the daily and weekly still remain in harmony and are in uptrend.

I pick PSAR indicator as it takes into consideration Volume/Price (both) momentum dynamic together. However, I feel that the Demand Volume is borderline as of now and not too impressive, imo. GLTY & GLTA

PS: Closing above 6.62 price soon would be a positive sign. Unless it is followed be a session or two many traders taking profits knocking the price levels down to lower levels.

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