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TheGreenReaper

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TheGreenReaper

Re: Audiboy12 post# 1285509

Sunday, 02/09/2014 10:52:56 AM

Sunday, February 09, 2014 10:52:56 AM

Post# of 2348455
The 8 day SMA is the red moving average that the price hits and then moves back up. I circled it in blue on the chart... This moving average shows the short-term price movement... So if I were looking for an entry point, I would buy somewhere close to that moving average, since it seems to be a major support... Just my opinion of course...

DD is your best friend in PennyLand.....

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