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foxi

08/29/22 4:14 PM

#158266 RE: foxi #158264

For whatever reason it's trading around the diagonal line that touches the tops of the tallest daily candles all the way back to September 2021. (ref) Like clockwork we approached end of day and it pulled back under.

I wonder if tomorrow we'll trade under, or if we'll see a run Tuesday/Wednesday that ends at the bollinger midline at .055. Decent chance of the latter if Wednesday is a short settlement date, so MMs can get the RSI reset. Trade carefully since this is nudged against the bottom band with a very tall wick.