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S&P 500
5,061.82
(
0.00%
)
US TECH 100
17,277.20
(
0.20%
)
Dow Jones
37,735.11
(
0.00%
)
Brent Oil
89.10
(
-0.87%
)
Bitcoin
63,113.98
(
-0.49%
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Traderbytrade

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Alias Born 05/20/2012

Traderbytrade

Re: None

Monday, 10/22/2012 8:19:41 AM

Monday, October 22, 2012 8:19:41 AM

Post# of 128
MJNA ~ nice press release out that the market clearly found bullish given the solid green day on increasing volume the chart had.

With both the 50-SMA and 200-SMA in easy to see uptrends, the Bulls have control of both the medium and long term trends. Nice to see the Golden Cross happen a few weeks ago which has been followed by continued higher lows and higher highs.

Breaking $.092 places the chart back into "breakout mode" with future battle grounds at $.11 and $.125, but after these, the chart ventures into the always welcomed Blue Sky Breakout territory.

This is definitely one that should be on your watchlists for this upcoming week!


MY POSTS ARE NOT INVESTMENT ADVICE. THEY ARE MY PERSONAL OPINIONS. DO YOUR OWN DD & MAKE YOUR OWN TRADING DECISIONS... AND: NEVER FORGET TO TAKE PROFIT WHEN IT IS OFFERED TO YOU !!!

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