TRMB Completing H&S - Dangerously Close to Lack of Support
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This is one I will be watching closely, the chart is self explanatory. Sitting right above an area of low volume support while in the middle of a nasty downtrend after a slight earnings miss. I'm looking for a drop to $65 before opening a position then targeting the lower edge of the low volume area.
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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.