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Re: None

Wednesday, 04/17/2019 1:25:46 PM

Wednesday, April 17, 2019 1:25:46 PM

Post# of 69930
In a day like today, obviously the retrace was due to the news which some see as unfavorable, it has Absolutely nothing to do with any charting skill at all.

However, what is important is that it seems that we are holding the 20 MA which is very bullish to me. If this maintains to hold, it means that the base has moved significantly higher, and this will be great for the next move.

U can see a Cup & Handle forming as well.

The golden cross will be in play also - it is an overall bullish trend-it might take few days to show its effect due to the news yesterday!!




DISCLAIMER: All statements posted here are only my opinion and not an investment advice by any means. Please, do your own DD and trade at your own risk.