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Mentorship

SAIL

2 Feb 202107:23 AM

Steel authority may have completed wave 4 after a 50% retracement because the decline came very close to the minor wave iv of the previous advance near 53.7. The daily momentum indicators have still to confirm and a move above 64.75 would result in a higher high structure followed by a close above the 20 DMA at 67.4 for would add to the bullish setup.

Steel authority may have completed wave 4 after a 50% retracement because the decline came very close to the minor wave iv

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