Monday, January 5, 2015

[RUSL] update

Here is the backlink. So far, reality shown below matches the model chart very well.  Today RUSL filled a gap right at the 61.8 fib.  This should be well over $25 in a matter of 2 trading weeks.  The buy signal here is pretty clear: when the top rail of the falling wedge breaks out, buy.  If it ever subsequently falls back below the vertex of the wedge ($15.55), sell.  It's that simple at this point.  If this is the bottom, my official bounce target is $67.


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