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TSLA could be distribution pattern on the weekly chart
TSLA could be distribution pattern on the weekly chart
Doji plus volume surge usually means distribution (doji plus decrease volume means consolidation, not the same thing). I know it works very well on the daily chart. Never observed this on the weekly chart so let's see.
If indeed a pullback it'd be bought eventually anyway though.
If indeed a pullback it'd be bought eventually anyway though.
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