Lay terms...
- we entered a new price trading range which has been introduced to the market via Money backed confidence by buyers (ie the old trading range was between 32 and 38.5).
Trade today greeted the old range with affection and inspiring volume above 32 resulted.
Traders have noticed that we broke out of a downtrending triangle and entered a [potentially ascending one - towards the range i mentioned above. Its daytraders heaven...and poses as a profitable one at this point.
L
Lay terms... - we entered a new price trading range which has...
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