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Sojourner55

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Sojourner55

Re: manibiotech post# 403568

Wednesday, 09/22/2021 11:45:05 AM

Wednesday, September 22, 2021 11:45:05 AM

Post# of 702500
I posted this for Hankmanhub two weeks ago and updated for today. The 200 dma has been providing support and each time price bounced off at a slightly higher level ( 17.3 yesterday). I don't think this sell off is over and may head down again after a brief bounce as the weekly MACD is turning negative. I would play it safe and enter around 15.30 - 15.50 (see line on second chart) and have a stop loss of 15.00. If it breaks that line it is heading down to 13 or lower.



Pedal to the Metal

Charts and comments are provided for interest and discussion for those who share a common passion for trading. This by no means constitute investment/trading advice.Scenarios created are for educational purposes only.

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