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Message: A little early morning TA to break the monotony...

Ok so a quite bullish fast stochastic technical event triggered in yesterday’s trade... (Reminder the MACD turning positive Tuesday)

In a nut shell what this means is we may be facing higher prices as the price has risen out of oversold (%K crossed below 20 then rose again) and starting to trade higher up in the recent 14-bar high-to-low range (%K crossed above %D). In case anyone is not aware or finds themselves slightly interested (aka gives a proverbial rats furry arse) Stochastics is built on the premise that as prices increase, "close" prices tend to be closer to the upper end of the recent price range, and vice versa. The raw %K number looks at the most recent "close" price as a percentage of the high-to-low price range over a specified period of time (14 bars) so when %K is high, it's likely we're seeing upward pressure, and vice versa. %D is a 3-bar moving average of %K and is used as a signal line, indicating whether prices are starting to trade lower or higher within the recent high-to-low range. Both lines fluctuate between 0 and 100 with 20 and 80 often used to identify oversold and overbought conditions.Blah...blah...blah...

I know...I know... TA means little here on a venture issue such as this but sometimes it does....

G ‘morning and day all! Now for those in the first beta test wave, get out there and "Yappn" your hearts out! ;0)$~

2fast

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