jangseohee

Effect of News or Just pure Technical Resistance?

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NASDAQ:AAPL   Apple Inc
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Dear Fellow Chart Technicians,

AAPL shown a Bearish Bar last night.
Dump money will blame it on news while smart money will laugh because the price it uptrend upper channel resistance. This is substantiated with Institutional Selling of 2.5 times normal volume. Intelligence trader would be laughing also as their shorts are propelled downwards!

Chart is more reliable than news!

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