- Is that 2007 high a resistance level?
- What are the chances that April-May price action was a test of 2007-high and test result indicates ‘resisted’?
- When will those investors who bought last year’s failed penetration realise they are wrong, turn into a selling force?
If there is any doubt, fresh 52-week low will answer.
Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.
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