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| $ALI Daily Chart as of November 16, 2017 |
Notes:
1. Price is approaching a Fib Ret level (and a previous bounce level). Are we expecting a bounce here?
2. CCI below -100 and pointing down.
3. RSI below 50 and pointing down.
4. (Slow) Stochastic is pointing down but while (Fast) Stochastic is below 20 level it has turned (must break out of 20 level though).
Mind the levels, manage the risks.
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