Now that it has consolidated further, does it mean it is failing?
bhawnnagupta
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@adventurepoker, Yes the price is consolidating and as you can see in consolidation the volume are low (below 20 MA line). Closing above 103.70 on daily chart with increased volume( above 20 MA) will be a buy signal for swing traders.
adventurepoker
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@bhawnnagupta hit lc today. assume it has failed now....your thoughts?