Day Trading Morning 7/11/2019, page-2

  1. 48,997 Posts.
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    NHL

    The daily chart has a pattern, after each move it needs to consolidate the action, if it doesnt it will run out of fresh new buyers

    Worth being careful, after todays move, should see a period of consolidation

    For a stock that has only 650 mil shares on issue and the top 20 hold nearly half of those those buy/sell lines are huge at his price point. Its an absolute traders setup not a fundamental move IMO

    NHL.png
 
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