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Started By
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Posted on 6/18/21 at 6:48 am to xxTIMMYxx
Sell into it. Wouldn’t shock me one bit if it closed well in the red.
Posted on 6/18/21 at 6:59 am to xxTIMMYxx
I just pulled the chart on CLNE.
2 things jumped out.
1) The black dogi candle on the weekly is usually a reversal candle. (Pointing to the stock heading back down).
2) Gap resistance in the $13-$16 area seems to be big problems for the stock, hence the long upper shadows at the tops of the candles, especially with the huge volume a couple of days ago. It just can’t seem to hold price up there.
2 things jumped out.
1) The black dogi candle on the weekly is usually a reversal candle. (Pointing to the stock heading back down).
2) Gap resistance in the $13-$16 area seems to be big problems for the stock, hence the long upper shadows at the tops of the candles, especially with the huge volume a couple of days ago. It just can’t seem to hold price up there.
This post was edited on 6/18/21 at 7:04 am
Posted on 6/18/21 at 7:08 am to xxTIMMYxx
quote:
It is up 4% premarket, so that’s something
Pre market is fantastic for selling into.
How many times have you seen a stock up nicely in pre market only to turn red once the bell rings?
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