SamSuka
The Long Investor
The Long Investor

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$SE TOP 20

For the last week we said that a test of the blue line at $40.60 was possible and in fact it would be needed and encouraged to confirm that this level has been flipped to support.

So far we have had one test of this level and it hit this level exactly and then bounced, showing again just how vital the Fib levels are and our blue lines.

We may get another test of this level again today or tomorrow and if it can hold, this is very bullish....it will all depend how the market behaves.

$SE TOP 20

Comments

Added more at 40,60 today

Kristof Van Nevel

One of your best comments in times like these. :) just wanted to know how accurate that $40.60 level is.

Thomas

Chill guys, it is battling to hold support

Gareth Neary

Probably a close below

Chris

It's now we'll below that level. Does this invalidate the support level even if it happens intraday?

Thomas


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