jangseohee

Shooting Star vs Bullish Marubozu

NYSE:TWC   TIME WARNER CABLE INC
24 2 0
This long upper tail rejection of price was observed on 29 July 2014. It sets the benchmark of rock solid resistance which will be tested very soon whether the three days bull have the inertia to overcome it.

MACD is quick to show that this leg has smaller momentum.
Any reversal signal at the within this area would be a good short trade
false break out of shooting star to trap the bulls
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