PnF keeps printing money for you:  |
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Good job, added to my watchlist thx!
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What can cause a shakeout? Maybe FBI auction or a deal between Greece and Troika: https://twitter.com/paulmasonnews/status/615823478353227776"Greece is considering a new offer from the institutions. Not clear if from Commission only or all 3. Critical issue will be SMP bonds" It's not safe to hope for the best without preparing for the worst!  |
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The late great Earl Blumenthal used to say that the first sell signal in an uptrend was really a buy signal..
Shakeout: A stock forms two tops at a level but does not actually give a double top. This is followed by a double bottom to "shakeout" the weak holders of the stock. The action point to buy on the shakeout pattern is the first three box reversal up after the sell signal. The shakeout pattern is considered complete when the triple top is broken. This pattern must occur above the bullish support line to qualify. Overall a bullish pattern.  Not very possible scenario but why not?  |
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It is scary how accurate this BULLISH resistance line is:  Intermediate support 242-248$, bullish support line 230-236$ Doom 228$ |
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SAR 284$, triple top resistance 268 (272 to break it):  |
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270+ I agree:  |
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I'm afraid, empowering has it right. ANY country's exit from the Eurozone means the chain has broken. EUR is not backed by anything more than the "agreement" of the members of the Eurozone that THIS will be their currency. Unfortunately, most people don't see this. Everybody sees a country that the Mass Media has been blaming for being "lazy", "thieves", "crooks" in order to cover the most undeniable truth since the beginning of the crisis.
The Greek Debt wasn't the PEOPLE'S debt! It was the BANK'S debt. With a political decision (after mr Papandreou stepped down, mr Papadimos was the PM that the troika has APPOINTED as the country's ruler) they transferred it to toxic bonds that shortly after they were bought from the country's reserves. Social security, hospitals, public companies, etc. They took fresh money and left us with toxic bonds! AND NOBODY SAID ANYTHING!
It's a moral issue for ANY European to understand that this is not a war between Germany or France with Greece. It's the moment in time for EVERYONE to understand who the real enemy is. Who the thieves are! Who brought a country to its knees. IT WAS THE BANKSTERS!
Oh, I've mentioned it before, but let me repeat it once more: If your neighbour's house is on fire, better worry for it comes for your house too.
Exactly this. I am from Germany and pay a lot of taxes to refinance German banksters who have lend money to greece banksters to lend money to Greece companies to buy products from German companies they cannot afford. This is mainly done to generate demand for German products in Greece and elsewhere, because the German workforce is underpaid and does not generate sufficient domestic demand. This is Banksters Europe, not the Europe of the people, as it should be. I have many German friends and this shit is hurting the relations between the 2 nations so much... This is the biggest win for the 1% |
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captal-controls and BTC stays more or less the same. thats kind of disappointing tbh.
It was around $240 before Greece basically walked out on negotiations. yes, a 4% rise,and thats it? i mean seriously, a euro-zone-state getting capital controls was one of the big things to look ahead. compare that to 2013 when cyprus had problems... No margin trading, futures, options etc available back then. Don't expect the old parabolas anymore but we can still reach new ATHs.. |
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Banks closed whole week until referendum and capital controls confirmed....
I just heard Monday. Where do you see that it will be for the whole week? Honestly I don't doubt it, but I still wouldn't mind seeing a source on this. I am Greek.. |
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Banks closed whole week until referendum and capital controls confirmed....
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Back to our 4x3 chart:  |
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Bearish signal reversed:  klee, I would like to hear your opinion on the short term and medium term please. What do you see and what are the obstacles ? If we break 250-255 we will probably test 300$ again. Above 350$ we have almost certainly IMHO a new ATH rally in the making.. |
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Bearish signal reversed:  |
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This gonna hurt some bear asses
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If I was a bear I would start closing my shorts...
Do you think the correction is over? I hoped to see at least $230. If we hit 250 again (very probable) yes - we will rise more. |
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If I was a bear I would start closing my shorts...
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