So if you add up the false breakouts above the weekly low and one attempt which pushed up to the weekly low but never went above it then there were six attempts to go higher which failed to shake out traders before the pump actually started. So the lesson to be learned here is to wait for the break above the consolidation which is layered above the weekly low before entering. I don't anticipating seeing so many breaks in all the swimming events and track sprints at next year's Paris olympics as we saw on this highly manipulated stock AIM.
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Day traders' after-market lounge December 28, page-36
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