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Thursday, November 01, 2012 8:27:06 PM
Well with that being said, I subscribe to technical data.
What do they tell me.
1. Key support that has held consistently .0003
2. MACD is running parallel = bullish
3. RSI is moving north = bullish
American Bulls.com says
A bullish pattern has developed and a BUY-IF alert is issued today.
Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.
The last two candlesticks formed a Bullish Harami Cross Pattern. This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
In case your confused about all this. Am I justified to hold? Here is a video to help you out.
Am I justified to hold?
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