Equity Oracle: 12/26/14

teo-122614

One of the things we’ve learned about technical analysis is that history tends to repeat itself with regard to price action. As you can see from the daily candle chart above, the price tends to snap back to the moving average when the divergences are wide. This combined with the fact that we have a bullish candle today, tells me now it the time to jump back into RWM.


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AJ Monte

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