Up as expected, now maybe, just maybe a pullback from here, we'll see if it means the range high.
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Dull market with fearless, Monday is known for the most boring day to trade, today is best example of that. not a buy day for me. but doesn't look like bears will do anything either.
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Testing the Friday high, maybe it's an uptrend day (which means I should trust the breakout if indeed) but since now it's too late, I'll treat it as a range day, buy dip only at the most. Bulls looking good though.
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Cobra wrote:Testing the Friday high, maybe it's an uptrend day (which means I should trust the breakout if indeed) but since now it's too late, I'll treat it as a range day, buy dip only at the most. Bulls looking good though.
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
Valid breakout, now maybe safe to say this bull shall have legs.
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Who let the dog out? bears got spank Monday, Tuesday is last chance, 2x top, that will be tomorrow's move. too easy for bulls today. who dare to short overnight or long at this juncture. good luck, Peace!
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The pullback should be bought which is what "this bull shall have legs" mean.
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