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Durum price drop

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    #16
    It was needed to flush out the weak hands from the table. This is a healthy thing

    Iceman

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      #17
      Originally posted by biglentil View Post
      Durum appears to have started to rebound seeing 18.44 at my local lineco. Maybe ran a little too quick to the 22 region. Classic 23.6% fibonacci retracement after a parabolic rise. I see this pullback as healthy consolidation setting up a nice level of support for the next leg higher into the mid 20 region.
      What are you using for a Durum chart?

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