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swing_trader

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swing_trader

Re: narvo0 post# 14618

Thursday, 05/12/2011 2:05:10 PM

Thursday, May 12, 2011 2:05:10 PM

Post# of 38410
Well. One of my favorite patterns is the inverted head and shoulders on the daily chart but you will see it form in any time frame. Its a great pattern in the intraday chart for the day traders. If it holds and breaks on above the right shoulder it will be a nice green finish for today. Could be at the .013 or a little above that. Just another one of those lil waiting games. But i will bet money thats it holds. The right shoulder is above the 200EMA and the 30 & 50 EMA is real close behind it. In laymens terms. Its looking DAMN good my friend
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