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W BOTTOM AND FIB RETRACEMENT FOR ROX

THE CHARTS CLEARLY SHOW A W BOTTOM FORMED. SINCE THE PRICE ACTION JUST CROSSED ABOVE THE MIDDLE SMA OF THE BOLLINGER BAND I WOULD SAY IT IS A CLEAR BUY. THIS IS FURTHER REINFORCED BY THE RETRACEMENT OF THE 61.8% FIBB SUPPORT LEVEL.
Chart PatternsTechnical Indicators

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