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ratchet-mint
Feb 5, 2019 12:02 AM

The market is signaling a bull trap Short

ARK Next Generation Internet ETFArca

Description


Although the charts showing bearish narrowing wedges in the price action and RSI, we saw a breakout in an upward direction. To identify the strength of the breakout, we look to the volume and see that it has quite low buying volume indicating this upward trend does not have much steam and will reverse course down ward soon.
Comments
HotPotatoTrader
Simply a minor inconvenience 😜
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