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It has crossed a shorter term support trend line so it due to drop but the trend up was fairly strong and I'm not seeing a lot of divergence yet on the move up. It had the 3 moves up as per the rsi so has dropped accordingly. Would have been a nice sell opp at the top of the channel the the RSI was getting stronger, a caution indicator. Would like to see a second rally toward the top of the trend line but with much less momentum and one that shows solid divergence on the macd and momentum indicators. The down trend so far is only moderately strong, another caution sign.
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