However, the very same pattern occurred in 2015 after that bear market's made its January low. After the price broke above the Triangle and the , it reversed and tested again the point of its rise before dropping even slightly further and consolidate.
A similar scenario can take place now as the is squeezed, the 50DMA, 100DMA prepare to get crossed and the is getting overbought.
This indicates that buyers should approach this with caution and book some amount of the profits made in the past +2 weeks. There should be more opportunites to buy again lower.
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