Day traders' weekend lounge July 16 - 18, page-62

Hey there Buddi,

I’ll add my bit before the good guys arrive.

SCU. Looks to me like they went and tested supply and well and truly found it- false break. All good, let it settle and prepare for the next time a bit of volume arrives. That sector is really tough at the moment, very flimsy.

PRL. Agree with you.

SUD. That’s an ugly candle on Friday and if you look back a bit, you will notice that it’s a stock that doesn’t hold its spikes to well.
Those two candles ( five days ago) with the high wicks was a sign that it wasn’t ready to breakout and was a sell signal IMO.

Personally, I reckon you’re nailing it Buddi.

Cheers.