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EDP actualizado

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EDP actualizado

por TRSM » 12/9/2003 18:17

PTBVLEDP(PTBVLEDP)

Analysis of activity through 12-09-2003
close: 1,9600

The current trend is down and all orders on the short side may be considered. Market activity analysis suggests that short trades put on outside of the +S+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.
If already holding short positions, we would look to take partial profits at any retracement to 2,0300. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 2,0300. Be prepared for a potential short term price pull back to the 1,9844 area.
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