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foxi

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foxi

Re: None

Tuesday, 10/12/2021 5:10:23 PM

Tuesday, October 12, 2021 5:10:23 PM

Post# of 143
Hopefully end of day was a bear trap, to shake out the last of the cheapies. It needs to bounce or find support on the hourly MACD tomorrow morning or it's looking to be a long way down.

The low today was .83 which is a lot closer to the earlier low of .69. If it finds support soon, the new level is close enough to serve as a double-bottom which would help confirm a subsequent run as reversal of the long term bear trend toward more bullish territory.

Today saw a volume uptick but 86% of volume was selling. Yikes!
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