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| I'd say you covered it well in the marbro1 post below - just understanding from a Hagopian standpoint or maybe just an energy standpoint - if you take a run at the ML and fail, that's the energy you can assume will give you an equal distance in the opposite direction? I'm looking at the second chart you posted as the example of the rally of energy, fail to keep going, then you can project the downside target. (There is the possibility I may not know enough to ask an intelligent question) thx! | |
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