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Modus777
Oct 4, 2021 6:12 AM

$ALLY WEDGE! Long

Ally Financial Inc.NYSE

Description

Another wedge has presented itself and it looks almost ready for some more upside. Currently between the ATH VWAP and the 8MA after the large bearish reversal on the 28th, with price action right below the POC. Demand above should present itself above both key VWAPs that have begun to move closer together. With relatively low IV, a strong move will present itself soon if price trades above key levels on the chart.
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