LCLP charts~~~ Bullish Harami only on Pennants usually point to continuation pattern that follow the primary uptrend and ours is up. Yesterday was the breakdown candle today the reversal candle where the reversal will be short lived until it slams into overhead resistance maybe next week. There will be sellers who were buyers in the trips ("trips bears") marking overhead resistance like dogs that pee on lamp posts. Our Pennant retrace bounce is exactly on the Fib 38.20% or $0.025 which is perfect for retracement lows. However we will find +20% volatility swings for the next week or two between that low and wherever overhead resistance wants to find a home. http://thepatternsite.com/HaramiBull.html http://thepatternsite.com/pennants.html https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:flag_pennant_continuation
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