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Re: Lee85 post# 35273

Friday, 08/16/2013 2:13:39 PM

Friday, August 16, 2013 2:13:39 PM

Post# of 187259
TDEY Chart: Base building between Lower Bollinger Band @ 0.0008 support & MA(200) @ 0.001 resistance.......once TDEY forms a candle above 0.001 it should begin to head higher.......the last three candles have been either a Doji or an inverted candle......if the real body was smaller the inverted candles would be inverted hammers.......inverted candles and Doji's formed @ base levels signal a bottom......

There's a gap between 0.001 & 0.0011........between MA(200) & MA's(10 & 20)......the Middle Bollinger Band is also MA(20)......just above those levels is MA(100) @ 0.0012........TDEY has 4 moving average resistance zones above it.......obviously TDEY has it's work cut out for it, but once the MA's are cleared a new uptrend can begin.......

Base forming the same time the Yield sign is being removed.......that's exactly what's needed now.......a catalyst......TDEY needs a catalyst to head higher and having the yield sign removed may just do the trick......

Fast Sto @ 11.11......Oversold w/ a ton of juice to run......MACD is pinching and starting a bearish crossover......keep an EYE on it......TRIX is pinching as well and is starting a Bullish Crossover......TRIX is a smoothed out version of the MACD lagging indicator.......TRIX is signaling that a bullish move is near.......

As long as TDEY holds 0.0008 support it should begin to head higher from this level.......setting up for a possible move next week......on Bullish reversal radar for next week.........$$$


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