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Hi Guys,
An interesting chart for those of you that are technically oriented. KM
shows a pattern that makes today's up candle no surprise, yet it is
contraindicated by stochastics. Bollinger bands on the other hand would
have helped to provide technical justification for buying it today
(monday) on the daily bars. Money flow shows a bullish diverdgence but
macd histogram is nonconfirming. Remember I am not evaluating for
tomorrow, but rather looking back at what these indicators showed for
today. If you followed KM or care to review the daily chart on
technicals, what do you think?
Best wishes,
James
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