Wolfgangrene's charts Message Board

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Strategies & Market Trends : Wolfgangrene's charts

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The Ox

wolfgangrene

To: wolfgangrene who wrote (3563)	4/5/2017 12:26:58 PM
From: Chris_Toronto	2 Recommendations of 3976

Breakeven for the whole is 28.86, not accounting for the monthly dividends. I just did this calculation now when I read your message because I never thought to factor this number into my search for a sell target. The stock has now turned back after matching the March 1 high, but I'm holding strong.. lol I'm also looking at a crude descending wedge that started Jan 23 and pey.to just broke out of it yesterday. In the current turn down the stock went back to the upper line of that wedge, which is expected. The target for breaking out of the descending wedge is 30.48 which is just under the 38% fib line. so maybe near there is where I should lighten up in a big way. I'll try to post a pic of that wedge.

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