COMPOUND, COMP fails with three increasingly weak drives
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In a descending triangle, sellers have pushed COMP into a corner. Each of the three drives has been a weaker push than the last one. With weak volume and stochastics saying it's oversold, look for COMPOUND to trend down, taking several little nibbles at support.
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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.