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TOB

07/14/15 7:35 PM

#5499 RE: $Moneypenny$ #5498

Quite possibly.

So, if we break $2.30 then the next target is $2.95? Or, do you see other major resistance points between? $Moneypenny$



If it is a rally leg instead of zig-zag correctionary, then 2.95 may be the next level to test.

But you could consider 2.48 as an important resistance on the way on the daily chart, I discount it somewhat as it was only one day this year, but it was pretty key last year.