Kobay 6971
Overall prices are in a super strong uptrend after the rangy collection. As usual, there's a Collection Triangle at the bottom which signifies the collection by the bankers. The breakout from the Triangle Indicates the confirmation of the bankers on the start of the push.
Prices went all the way up towards the Second hardest Resistance Level. The Fibonacci Distribution Triangle Level 3. Now we need a last confirmation to confirm this Level of Resistance. If the following few days there's a strong rejection, then it is 96% confirmation that this Level is the banker's Last Destination.
At the same time, we can see that the inflow of monies are slowing down as well. Not a good sign.
Industry: Industrial Materials, Components & Equipment.
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