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HOC possible 123 Low???
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12 years 6 months ago #7937
by Food4Thought
Replied by Food4Thought on topic HOC possible 123 Low???
All gold/silver miners falling heavily
Rising wedge broke down today. I have trendline support in the 242 area then horizontal support at 215 and the 50% retracement of the 135 move at 213 but that would make a lower low. RSI has broken support and the warning was in the MACD divergence.
Probably better to let this find a bottom.
uk.advfn.com/p.php?pid=chartscreenshotsh...FRVQKpFDyxhi15JQE%3D
Rising wedge broke down today. I have trendline support in the 242 area then horizontal support at 215 and the 50% retracement of the 135 move at 213 but that would make a lower low. RSI has broken support and the warning was in the MACD divergence.
Probably better to let this find a bottom.
uk.advfn.com/p.php?pid=chartscreenshotsh...FRVQKpFDyxhi15JQE%3D
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12 years 6 months ago #7982
by Food4Thought
Replied by Food4Thought on topic HOC possible 123 Low???
Down another 4% so far today. Could move either way tomorrow after Fed news, so worth keeping an eye on IMO.
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12 years 6 months ago #7983
by diver993
dl.dropboxusercontent.com/u/7238706/HOCHSCHILD.png
IMO could fall to around the 200 mark where there is long-standing support. It would also represent a pull-back to the target area between 50 & 61.8 fibs of the recent swing to 291.5.
Replied by diver993 on topic HOC possible 123 Low???
dl.dropboxusercontent.com/u/7238706/HOCHSCHILD.png
IMO could fall to around the 200 mark where there is long-standing support. It would also represent a pull-back to the target area between 50 & 61.8 fibs of the recent swing to 291.5.
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