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Strategies & Market Trends : Ted Warren's Investolator

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From: investolator2000	3/5/2022 2:57:11 PM
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ERF @ $13.52 on 4 March 2022 I bought it at $3.18 on 11 December 2020 when the blue line crossed the red line. Since then, it has moved up steadily for the most part. The blue line was broken in August 2021, but then turned upwards once again. When I bought this stock, I set a target price of $15, which it is getting close to at this time. It rose from around $15 in January 2002 and topped at just under $60 in August 2006 with only two breaks, which it quickly recovered from, which would have produced a profit of about 300%. The current uptrend has produced a larger percentage gain in half the time. The question, which no one can answer, will it take a break and rest some and then continue upward or will it top out and have a major drop. Since I do not know the answer, I am now watching this one stock more closely than any other one that I have in my portfolio. I am up 323% at this time. I2000

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