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Friday, June 25, 2021 9:25:55 AM
Yes, we had a nice reversal yesterday on the highest volume day of the week which isn't saying much. My skepticism is that it closed just under the 20 and 10 EMA. Will price get rejected and head back south or will we jump above the 20 and 10 EMA and continue higher? Will find out soon enough.
One thing that is interesting is looking at the solar sector in general...there is a nice intra-day pattern of an Ascending Triangle that has formed on more than a few of them. This is bullish for the sector short term I believe...again will see.
JMO
Big time bullish long term SIRC!!!
"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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