ASC adultshop.com limited
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A double top is where the price forms an inverted "W" on the...

  1. Gryphon1
    3,134 Posts.
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    27/06/02
    05:38
    Post #: 30714
    A double top is where the price forms an inverted "W" on the charts and then falls away. Usually a powerful signal that the stock is having major trouble breaking a key resistance level (in this case 41-43c). If the price falls lower than the middle down of the inverted "W" then down is where it is headed, back to retest major support at 30 -33cc then mid twenties.
    ASC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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