Reason to Watch
- Miss the nice chance to short.
Lesson Learnt:
- Hopefully have time and chance to bite it on Monday.
- It is quite a long term pennant formation after dropping out of long trading range.
- According to "Getting Started in Technical Analysis" by Jack D. Schwager around page 93, the next direction should be the same as the previous one and this one should be strong.
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Intraday Chart
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Historical Chart
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