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bsdvs23

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bsdvs23

Re: Golden Cross post# 315

Monday, 11/26/2018 11:17:37 AM

Monday, November 26, 2018 11:17:37 AM

Post# of 688
Being in correction it's expected to be in oversold territory. I'm not focused on those oscillators though - only time and price of the individual stock and sector. Looking forward to Cyber Monday figures. Need to see how inventory, shipping costs, and other demand figures pan out for $TGT.

* The oscillators have a cap out between 0 - 100; therefore, when in bearish correction territory they can show 'false breakouts', due to the limitations. Markets can continue to free-fall with oscillators remaining deep in the oversold area. For example, pull up just about any chart back in 2008 bearish correction.

Stop-losses are identified, should the support fall to hold.

Have a good day!!!

Always have a trading plan in place. Avoid the noise on the boards and focus on protecting capital and following your trading plan.

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