RedditShort
Bearish divergance can't be ignored
Reddit could be due a major pullback, it has been printing a large bearish divergence for months now, stuggling to make higher highs with a weakness in momentum apparent.
If wider market correct in Jan, plausible that profit taking could bring this down to the .618 fib retracement level, which would see the fair value gap from Oct filled.
If wider market correct in Jan, plausible that profit taking could bring this down to the .618 fib retracement level, which would see the fair value gap from Oct filled.
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