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ValueVision Media, AŞ Message Board

  • trumpace trumpace Jan 23, 2013 3:01 PM Flag

    Interesting day

    We see a lot of chart activity today:

    1. Over double the daily average volume -----a positive
    2. Hit an intraday high equal to the 52 week high ------ a positive
    3. Gradual rising step chart ---- a positive

    Now if things go the way they have when the chart performs in steps this way during the day we could trade at or near the highs of the day. So just for the fun of it IMHO closing at 2.75 is strong possibility, closing at the 52 week high a 75% chance and there is a 50% chance we set a new 52 week high at or before the close today. Again Just having some fun here reading the charts.

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