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foxwoodsfan

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foxwoodsfan

Re: LongRun8 post# 1821

Friday, 09/20/2013 10:22:04 AM

Friday, September 20, 2013 10:22:04 AM

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I'm thinking that there are sellers taking profits right now but the chart still indicates positive sentiment. Breaking resistance was a major hurdle for a continued ascending triangle pattern. This can only be accomplished with volume support which I believe is sellers taking some profits in lieu of negative sentiments and buyers coming in based on the competing treatments failure.
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