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blondpharaoh
Jun 7, 2020 1:50 PM

Short for REYN - Bollinger Analysis Short

NASDAQ:REYN1D
Reynolds Consumer Products Inc.NASDAQ

Description

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Strong bearish candle
Upper band penetration
Broken support level

Trade active

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The bearish candle low was broken.
We are in the trade.
The Bollinger middle band now acts as a resistance.
I expect the sellout to continue.
Candlestick AnalysisSupport and ResistanceTechnical Indicators
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