InvestorsHub Logo
Followers 41
Posts 2415
Boards Moderated 0
Alias Born 05/25/2003

Re: REGGIERAIL post# 28967

Monday, 12/10/2018 5:10:51 PM

Monday, December 10, 2018 5:10:51 PM

Post# of 63173
looking at the charts, sure looks like mm's were defending a breakout from the multi month wedge pattern with .0065 at the upper end. I am not savvy enough to plot these trend lines and post them here but the low spikes and july .0005 breakout for low trend and the .01 and top candles, it sure looks like we have been boxed in these ranges. A break of .0065 today would have violated the upper resistance trendline. But, what we do know is this level now has broken through the 50sm today and new trend looks to continue.

all good for now, gl