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Re: jbsliverer post# 45777

Friday, 03/18/2022 1:07:31 PM

Friday, March 18, 2022 1:07:31 PM

Post# of 60535
It looks to me like staying above the 100 day SMA currently needs to happen first as it has had difficulty getting and staying above it recently.

The chart shows the price is moving up within an upward channel and has moved from near the bottom of the channel today to near the mean then fell back a little and is now moving sideways well above the 100 day SMA. Since the price has moved above the 100 day SMA and found resistance at the 200 day SMA today, I'm guessing we should know by middle of next week whether it will get and stay above the 200 day SMA.
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