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PAZINI19
Mar 21, 2023 3:28 PM

Purchase analysis example 

Alphabet Inc.NASDAQ

Description

There is a balance between buyers and sellers as you see in the rectangle. We still see on the chart that the buyers are trying to break the vwap and the resistance line which sets us up for a buy position. Eventually, we find ourselves above the vwap after the resistance line was broken forcefully by a large green candle. This confirms our buy position on this second breakout...Good for you..!!!
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