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Support/Resistance:It is at the middle of major uptrend. Bear flag pattern may be currently forming and there is a chance that the price will drop to the support line at $13.00. However if uptrend continues, there is a chance that the price will go up to $17.50.
Indicators:
Looking at the RSI and Stochastic, these two indicators have seemed to start to go up. However if MACD is able to fall further in the next two weeks, it will be a good opportunity to buy.
My Target Price:
My target buy price will remind unchanged @ $13.00.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
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