Δευτέρα 25 Απριλίου 2011

price is still within the channel

and even though it shows some signs of divergence with elliott wave oscillator, it actually doesn't seem to have topped yet... while it continues to trade within the ascending channel, next target should be 15000 - a round number and also the 161,8% extension...
We should see some clear signs of topping before we attempt any short positions... until then long positions are favoured...


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