A trader should be alert and aware when a stoc consolidates for considerable length of time. This is a nice case in point. Price consolidated and broke down and then hurtled down and also gone below the significant suppport level. Now what is the level to watch? 1010. If 995 is also broken, then expect 100 more points downside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.