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8/23/2014 4:13:09 PM

Nasdaq - Technical Analysis: Saturday, 23/08/2014 20:13 GMT



Stepping above the previously broken support line to build strong bullish track again, supported by the exponential moving average 50.

Some possible temporary fluctuation affected by stochastic negativity, while the index continues to trade organized inside the main ascending channel that appears on the chart.


Target
Risk


Support
Resistance


Trend Bullish

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