noticed so far bears can only make 1 red bar which means bulls are buying any red bar, beware.
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my guess is the pullback this time may test ema20 which then would be bought.
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Al_Dente wrote:06-20-2018 IWM INTRADAY HIGH 168.36
TODAY IWM INTRADAY HIGH 168.44
IWM traded at 170.20
Real Time Quote | NASDAQ Last Sale Trades, Consolidated Volume | USD
Back on 20 June 2018 https://www.nasdaq.com/symbol/iwm/historical
Stockcharts make mistakes
testing range low, decisive breakdown would be ugly, key time.
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testing range high now. triple top is rare so maybe breakout is more likely.
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breakout as expected, but 50% chances bulls would use it to book profit therefore a false breakout. let's see.
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so it was a false breakout. now hopefully a rebound here as I see volume surge. so far, not a happy ending.
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