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Donnie,
No way to tell for sure which way a sideways trend will resolve, but like triangles, a rectangle tends to resolve in the direction of the preceeding trend, up in this case. As for trading signals the weekly signal is still long, but the daily signal has turned short. I vote for the weekly trading signal. http://72.9.254.154/~trybefor/stocks/pln... Sentiment : Strong Buy Rating :
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