Clearbridge heading for correction to stage a bull rally
Clearbridge manage to breaks the previous high point towards the end of last week and although it had a correction at the start of this week, the market quickly rebound and attempt to reach for the high point last week. However, the market met some resistance and hence it might retreat to the zones highlighted. Remember to look out for any reversal pattern in these level and zones.
Trade active
Price has rejected the 23.6% Fib demand zone. !!Trade active
Pirce has been testing the top resistance and the more it is tested, the weaker the resistance will be. So therefore there will be a good chance that price might break the resistance.
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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.