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- Ju
- Passionate about the markets and Technical Analysis. The learning never stops!
Monday, February 13, 2017
Mermaid Martime
Mermaid Maritime is now clearly in Stage 2 (uptrend). It first broke out of a base at 0.14 in early Dec 2016 and has been steadily climbing since. You might want to watch this stock and see if it can pull back a little before jumping on board. There is support around 0.200.
p/s a stock that drops back below "support" usually means bad news and time to cut loss.
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