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after breaking out from the wedge, is now getting rejected from the highlighted resistance zone. Looking weak till we are below this zone now..
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Looks ready for next up move if we get a breakout from this tight range now.
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$LLY daily chart. IT closed nicely on Friday even though most of the stocks were down a lot. After an up move, it is now moving sideways inside this rectangular range. Looks ready for next upmove once we break this range on the upside. Once we break above 335, looking for a 8% up move in this one.
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