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TripTrap

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TripTrap

Re: ErnieDog post# 12136

Monday, 02/01/2021 9:31:56 AM

Monday, February 01, 2021 9:31:56 AM

Post# of 37840
Good morning ErnieDog! Nothing that complicated...to "take out" is just that...we need to trade higher than .748 in this instance for us to take out the old high. I do look a lot at volume but not concerned with it in this situation. Inside bars can foreshadow a pause or even change in trend direction. A perfect example is what recently happened to us on the daily chart of SIRC. Monday, Jan 25th was an inside daily bar. The high/low fit inside the range of Friday 1/22. Right after that price retreated. We will see what happens this week but yes would like to see new highs soon to negate the inside weekly bar...hope that helps.

"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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