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The market is forming a bullish flag and is forming a held shoulder chart pattern
- Adding to watchlist for Tuesday morning. - Just past earnings, which seemed good, but investors reacted to a change coming to CEO. - Seems like it wants to test that volume shelf on the Daily as well. - Oversold on RSI. I red opening down to the volume shelf on Tuesday, and then a bounce to green would be a nice entry. Bet it recovers that large red candle...
if this spikes in the morning the plan would be to go short with yesterdays high as my risk level. this move has ran up inanely high!! we are looking for the pullback to the downside tomorrow.