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TheTradingNinja

08/28/14 9:22 PM

#5778 RE: BluSkies #5776

$ITEN Daily Annotated Chart: Bullish Piercing Pattern very interesting here..

1.Two downtrending hammers followed by a solid Marubozu candle signals a bullish reversal.

2. This is the 3rd time we test .0048 resistance. This level needs to turn into support to continue to advance north.
3. Tomorrows move should give us better insight on what to expect!