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Royal Dutch Shell plc Message Board

  • rmarfl rmarfl Feb 14, 2013 10:00 AM Flag

    RD continue to go the opposite of the trend.

    Today RD hit the 65.80 of neck line support. A vigil here if it continue to be bearish, a break from its previous high and the neck line equal to possible down side target of 60.50. US Integrated are holding up okay, Euro Integrated pulling back, maybe because of the dollar exchange. RD is the worse stock price performer this quarter among majors. I thought the selling was over, but I was wrong. I hope that the neck line will hold, otherwise there could be more selling in the down side. Look at SPX is only down .0015% and RD is down 1.50%. Lets hope this trend line will hold. My humble observation.

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50.2437+1.2237(+2.50%)1:46 PMEDT