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ONNN

Posted by StockBuz on November 26, 2011 at 10:33pm
Could be basing, could be a bear flag before heading lower. Set alerts for either way, sit back and wait. The longer it remains within the formation, the stronger the support or resistance once it makes its move. Target equal to the width of the consolidation; approx. $1.60-1.80 in either direction

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