Equity Oracle: 01/10/14

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Here is the most recent chart of CLF, which was our last trade candidate. The reason I’m showing you this chart is so you can see why it’s so important to wait for the buy signal before buying your stock. The alert went out on January 3rd as the stock was approaching the role reversal line. The instructions were to wait for a green candle bounce above the line and above the 20-day moving average.


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