Mercer International Inc. (MERC) Message Board
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Moving on technicals watch MAC D and RSI
MAC D is pinching for a cross over, just make sure to watch the BLUE line when it starts to come back down over the red for a sell signal, RSI is heading into OVERBOUGHT terriory as well, so take some profits and hold some is my advice, you will start to see short sellers coming to play the reversal
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MAC D (BLUE INDICATOR) is starting to turn back down,when that crossed over the RED from the top you will see a big drop. Shorters have began
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Thanks for the write-up from RBC.
Pulp is hot ticket these days. Gould Paper Corp. just announced they are expanding their pulp business. Gould does $1 billion in sales.
http://www.gouldpaper.com/public/press.asp?id=188 -
Thanks for the info.
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And any ideas what caused the huge spike?
- 1 Reply to cjherr2000
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Chart players playing the chart, be careful and lock in profits a new 52 week high was made, but once the MAC D flips expect a fast drop
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Are you aiming at a certain sell price?
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