Swing traders can grab the top of the channel on the daily for a bear flag that is forming, probably kick off this next week. There apperars to be room for another quick and volital bull rally, then the "oh no, what did I buy?" hedge funders and MM's will dump and short sell their own stock.
Looking for this especially in financials. They can confuse the hell out of the pundits for a big set up.
Looking for this especially in financials. They can confuse the hell out of the pundits for a big set up.
Expecting a move up from here bouncing off of support. Staying in this channel.
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