XPE - that's a textbook perfect momentum breakout trade. Good to watch and learn from because once this period of selling into news / selling into breakouts is over that is how a normal breakout trades. Unfortunately at the moment most breakouts hit a brick wall of sellers and end up back where they started, the norm for such a break is to continue its momentum and finish on or close to highs.
Breakouts with momentum are my kind of trades - bring them back I say!
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