Price broke 100dEMA, then did a technical rebound up and faced resistance of the 100dEMA ($2.24)
Volume shape is inverse of the rounding top thus confirming the rounding top.
This bearish formation could be primed for shorting.
Apr 23, 2010
23rd Apr 2010 - EZRA's Rounding top worries me
Price broke 100dEMA, then did a technical rebound up and faced resistance of the 100dEMA ($2.24)
Volume shape is inverse of the rounding top thus confirming the rounding top.
This bearish formation could be primed for shorting.
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