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Reed Elsevier(REL) -monthly & weekly charts = IHS pattern, daily chart indecision(if > 200MA = bullish , < 200 MA = bearish). 200 MA like stockmarket is key resistance

Posted by Aadil on June 11, 2010 at 12:25am

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Aadil June 11, 2010 at 12:33am

yes indeed , certainly is a reversal candle after a 3 bar move up

watch that 200 MA ??

it is the absolute key level!

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