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To: George69 who wrote (18193)8/5/2017 6:52:17 PM
From: jiggydo  Respond to of 22811
 
George69, check my last chart I posted, too bad you didn't bail on the break of the bear flag, check my call , you be up bucks today.. Check post 17875

Now chart showing a H & S formation, more down side coming..
Enjoy your loses lol



To: George69 who wrote (18193)8/5/2017 7:20:59 PM
From: jiggydo  Read Replies (1) | Respond to of 22811
 
Here George69, a chart for you to enjoy.

The downtrend channel was followed by a "bearish flag" , the break occurred after about 20 days as you can see.
A continued downtrend from June should continue .
The Fibonacci retracement is sitting on the 38 fib line, i would expect a further move down. There is a "gap" from several weeks ago at 95-96 cents. a high percentage of gaps get filled, expect this to get filled.
Next major support @ 85 cents .
A break of 85 cents is in the cards, beware ..