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Posted On: 04/13/2017 10:57:02 AM
Post# of 15624
Re: GreenMachine84 #6722
IMO, a true reversal is in the process of being confirmed.
Going by the charts, and I'm still learning chart stuff everyday, a close of around $1.30 would be nice. Today, the MACD is crossing positive, the RSI is still showing room to move higher, and as for moving averages, I use 13 and 48 EMAs. The 13 is close to crossing positive for my EMA golden cross.
Main thing is not to have a runaway price like the last run, but a slow steady increase.
JMHO
Going by the charts, and I'm still learning chart stuff everyday, a close of around $1.30 would be nice. Today, the MACD is crossing positive, the RSI is still showing room to move higher, and as for moving averages, I use 13 and 48 EMAs. The 13 is close to crossing positive for my EMA golden cross.
Main thing is not to have a runaway price like the last run, but a slow steady increase.
JMHO
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