Currently at key resistanace of downtrend line that held pre...
Currently at key resistanace of downtrend line that held previous 2 rallies of over 10%!
Will we break it this time to finally change the tide? or will we continue going back down and create another lower low as we have been doing the previous 2 times?
Important things to take note and to spot for! Watch the video to find out more!
As always trade safe and invest wise!
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Asmin : do u think it might be possible to just gap up above the downward trendline? the premarket looks pretty bullish. and with CPI on wednesday, it might push the markets even higher?
or will this premarket is merely to trap the bulls till we get the CPI data?
W Chiang : another quiet day here. Where Re the 101 s army
Investing 101 OP Asmin : yes possible to gap up above trendline. but that is usually a bearish sign. a gap above it is not a real break. and usually means a fake break of resistance.
Investing 101 OP W Chiang : mostly in DC le. lol. less noise there.
W Chiang Investing 101 OP : Wow huat lah
dwarrior : Lol…. Hopefully the selling will continue today and Tuesday.
dwarrior dwarrior : Like a fake flush.
kiatkiat : closed my short and just bought call, keep going up omg
kiatkiat : today will close green, mark my word, if it close red, I will swallow Tesla car
dwarrior kiatkiat : Lol. Nice
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