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The triangle could have broken into a Bull Flag. If we can't trade back above 120.41 I'll believe the breakdown more.Cobra wrote:breakdown. target. I'm not sure about the target.
Let's also not forget the Daily 50MA sits at ~ 1,206, so we could be in for the classic kiss the backside and head down. oops, that sounds dirtyBullBear52x wrote:Yellow line in the sand, remember the third time is a charm level? tough resistance around there. watch out for it.
If so then Wave C of the Flat will be another great sell the rip.pady wrote:StrikePrice wrote:Breakdown?
Flat possibly ?