Called $GAHC entry out on Thursday on a move above
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Posted On: 06/16/2017 7:18:40 AM
Called $GAHC entry out on Thursday on a move above the 9ema on the hourly at .025 with a .032 target. Almost a perfect move. Now the daily chart is looking like a strong 20ema bounce. A continued move and close above .032 on the daily chart could confirm a new uptrend underway for longer term players,if playing the daily chart I would use a close back under the 20ema as a stop.
IF it can not close above .032 I will look for a consolidation with .020 as support and .035-.032 as resistance for a rinse & repeat play (ie. buy support sell resistance as SheepWolf would say). let's see how it develops. GL!
IF it can not close above .032 I will look for a consolidation with .020 as support and .035-.032 as resistance for a rinse & repeat play (ie. buy support sell resistance as SheepWolf would say). let's see how it develops. GL!
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