Monitor movement if strong volume occurs breakout probable,more likely to breakdown though,even with low stochastic rsi indicating upwards flow,safest strategy is to see if it retests lower trendline or double bottom potential zone and position accordingly from there
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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.