today's candle is a break out candle only because of it's volume and the fact that it has closed above it's ressistance point, and it is showing a 50 day high,
[all of the above is bullish]
because it has broken through it's ressistance point and opened lower then the ressistant point, all on the one candle, then it is my view it will fall below this ressistance/support line over the next one or two session's,
my reason's for this are because nearly all of my indecator's are peeking, and it is showing overbrought sign,s as well
QAD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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