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	Comments on: SPWR Swing Trade Setup	</title>
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		By: rsotc		</title>
		<link>https://rightsideofthechart.com/spwr-swing-trade-setup/#comment-3491</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 16 May 2017 13:37:42 +0000</pubDate>
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					<description><![CDATA[Moderate resistance around 7.58 on the SPWR 60-minute chart so a break over 7.60, especially on volume, might do the trick. Still under consideration for an official trade for now but just remember, resistance (i.e.- this &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line/top of wedge) is resistance until &amp; unless broken. As such, the chance that SPWR could once again pull back inside the wedge from here is decent so best to wait for a buy signal ((breakout) or pullback to support before adding to or initiating a long position.]]></description>
			<content:encoded><![CDATA[<p>Moderate resistance around 7.58 on the SPWR 60-minute chart so a break over 7.60, especially on volume, might do the trick. Still under consideration for an official trade for now but just remember, resistance (i.e.- this <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line/top of wedge) is resistance until &#038; unless broken. As such, the chance that SPWR could once again pull back inside the wedge from here is decent so best to wait for a buy signal ((breakout) or pullback to support before adding to or initiating a long position.</p>
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