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Wednesday, May 14, 2014

Jo update

Jo has held up pretty well and could be mapping out a Flat for a wave 1/ wave 2. The High was a 109% projection from efa (expanded flat 'a'). If correct then an early Buy would be on a move of a higher/hi and a higher/low with a stop a few points below the low. A confirmed buy would be a Break above the Cloud a  crossover of the 50/200 sma or the 9/26 conversion/base line bar price.

Click on chart to enlarge.

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