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obiens
Jun 19, 2018 5:15 PM

Will this Pivot hold? Long

Description

This stock rebounded strongly today after hitting the 78,6 % retracement level. This could still be an elliott wave 1-2. This rebound comes after months of divergence between prices and RSI. If the RSI crosses 50 with determination, I'm expecting this pivot to hold. If it does, target is the median line.
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