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Rare set of bearish consecutive candles on the NKE Daily chart. Can we expect a turn-around?

Trend followers are probably eagerly watching NKE to see if its latest 6 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 10 day move.

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Supports and resistances are primary concepts of technical analysis. Silver Spot is heading for an important price of 29.7550 – read about what this could mean for the future.

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