Frank Cappelleri reviews a tactic used by technical analysts to cut through the noise and gain some clarity on what can be some confusing stock charts.
With the market in the process of potentially reversing a long trend, ultra-extreme traders on both sides become even louder. I'll review a tactic used by technical analysts to cut through the noise and gain some clarity on what can be some confusing stock charts. From a chart perspective, bullish formations sometimes just make more sense to some people. And when breakouts are working , this view gets reinforced daily. Conversely, permabears never buy into an advancing market.
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