Sunday, January 3, 2010

GNVC targets part II





Here are two charts of GNVC. I added the 2nd chart and moved my 0% Retracement level up so that it matches the chart. From here, I would use the range of the two targets for each level as a target..
1st Target = 1.38-1.43
2nd Target = 1.63-1.69
3rd Target = 1.94-2.01

Looking at the daily, you can see the breakout getting ready to take place. Be cautious with bios however.


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