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Topic: Chart analysis: 4 month chance for rally ahead !! - page 4. (Read 5432 times)

legendary
Activity: 1022
Merit: 1000


On average the determining resistance that quelled all daily closing prices of the last 4 month lowered 0.24$ each day, putting the break point for today, the 16th of Sept. 2011 at 5.60$.

For the following days (closing prices) it will be around the following:
17.09.11: ~5.36$
18.09.11: ~5.12$
19.09.11: ~4.88$
20.09.11: ~4.64$
21.09.11: ~4.40$
22.09.11: ~4.16$
...

I cannot predict where or when it will break through, but am certain, that this line will be the hurdle to take before a new really can start. Better watch closely!

As for me: As soon as the rate breaks and holds for at least 2 days at least 10% above the line, Im all in!
What about you?

- knusper knusper knäuschen..
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