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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Woody who wrote (73673)8/15/2025 7:13:10 PM
From: Doug R  Read Replies (2) of 79531
 
RYAM - with the current monthly low above the low that followed the previous reference high (shown with green dotted line), while the recent monthly high in Nov. '24 is higher than that of the previous RH, prospects for future MIMBO activity are increasing.
A trip up to test the MDTL is the next step.
The daily chart (also below) shows it's making a high volume move toward a target line. There's a possibility that the target line will take it to the MDTL if it doesn't just bust through the target line and get there sooner.

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