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MarthaStokesCMT-TechniTrader
May 16, 2019 8:25 PM

SEE Forms Short-Term Rounding Top to Sheer Cliff 

Sealed Air CorporationNYSE

Description

SEE has one of the harder tops to identify before the collapse called a Sheer Cliff. The rounding price action occurs because larger lots are carefully selling into rising prices. The Sheer Cliff occurs when buyers disappear. The stock is holding at the gap up support level.

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