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Post# of 180811
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Alias Born 12/25/2018

Re: None

Saturday, 01/19/2019 12:18:11 PM

Saturday, January 19, 2019 12:18:11 PM

Post# of 180811
Price action has shown corrective selling and impulsive buying. This trend change started 06/2018. The rally's have been short lived while the selling has been a slow grind downward. Where I'm bullish on this is the fact that since the move to .038, no lower low has been made over the course of 3.5 months. 4 months of selling can be reversed in a matter of 2 weeks, I have a hard time maintaining a bearish perspective with this in mind. On November of 2017, there was a multi month rally that totaled 8 cents, this is an indicator for movement potential. If a rally were to start February, and go until April 1st, we can expect prices as high as 9 cents which is where I have an uptrend resistance marked out. With the addition of fundamentals and technicals, it's simply a matter of time before a price of 8 cents is reached in the year of 2019.Furthermore, after the RS in 2016, the high was 24 cents, this places the median price at 12 cents. It's my belief that 24 cents will be reached in the longer run, but this may take years and no RS can take place.
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