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JD_TeenTrader
Oct 1, 2023 11:00 AM

The start of a crash for COP Short

ConocoPhillipsNYSE

Description

This is one of the biggest signs of a market crash for the stock COP. There is significant divergence on every timeframe, including a daily head and shoulders. this trade has multiple patterns the main one being on a Daily timeframe. Expecting this stock to drop to $112 with a decently tight stop loss, We have already taken this trade at $124.
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