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21

Oct

Technical Brief – Oct 21 2009

Posted by CharlesMing  Published in Technical Analysis

Let’s take a look at today’s action. Yanlord had a magnificant breakout, breaking past the 2.38 downtrend line and MA resistance. The price surge will be normal due to short covering and people jumping in to go long. Downtrend technically violated and head and shoulders formation is also negated. One of the early signs of [...]

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