Cable Technical Target

Cable Channel Target will be:

  • $2.0050

    Votes: 2 50.0%
  • $1.9150

    Votes: 2 50.0%

  • Total voters
    4
  • Poll closed .

smbtnt

Established member
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How is this channel going to break?
Place your bets now!
 

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smbtnt said:
How is this channel going to break?
Place your bets now!

dont know, but you could see it as an Inverted H&S

i would prefer a move down to 91 ish, for the start of the next significant move up. just an opinion.

j
 
Yes, rather bullish pattern prompting me to get the general masses view. Historical charts suggest cable does go wild in the days following the new year.
Pips to be made for positional traders and a great way to start 2007!
 
9730 still intact and 2007 approaching thick and fast.
Any bids out there?
 
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