observing if this is a flag for the coming days. Consolidation is currently in effect.
Marked every other 11am 11pm
funny it started dropping right before I finished this....
Short right now Watch for buy at bottom of flag
all volatility before news come Swell..
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Please take notice of a possible symmetrical triangle formation as well.
That would pull price up to .30 again from where price current is sitting @ the 200 MA line bouncing a bit. Should support hold then that would = symmetrical triangle up to test .30 again soon.
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IDEA 1 for this idea
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price rejects 200 MA heads to .30 re-test
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most likely this will deny .30 and fail to .2985 and 1...break out to a direction in the next coming day or 2...continue to .2950 and go up after lunch around 1pm.
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Take notice of the red circle's and where the time was. Then take notice of the blue circles and where the time was.
As stated...always something to show a little before and a little after ;)