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jefftan
Jul 24, 2013 2:46 PM

Median line, sliding parallels and mini pitchfork 

NASDAQ:GOOG1D
Alphabet Inc.NASDAQ

Description

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Right now prices just broke to the upper band of the pitchfork. When prices near the ML we can expect three possible actions:
1) Reversal
2) Ranging or sideways
3) Violent piercing past the ML
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