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TheyWantYourShares

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Re: number3 post# 11920

Friday, 06/14/2013 12:15:33 PM

Friday, June 14, 2013 12:15:33 PM

Post# of 71024
Its when a stock closes at its HIGH for the day, after dipping during the day.

In BLUE CHIP stocks; on the chart, it is a sign of reversal as the RSI rises and usually brings buyers...

With OTC its a tougher call, as these things can do anything.

I bought SBRH quite a few years ago for .0043 and I dropped $250 on it, and sold at .72 after its RUN to .80 or so. PROFIT was $40k.

ANYTHING can happen!

All my posts are just opinions and are not buy or sell recommendations; Always do your own DD.

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