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Westcobra22
22 mars 2023 02:10

Pattern of the Year? Long

Canadian Imperial Bank of CommerceNYSE

Description

I actually really like this chart. It literally has a simple pattern, buy the bottom envelope (green arrows) and sell the top envelope (red arrows). The biggest thing that sticks out to me is the volume (pink arrows). Before every bounce to the upside, there is always a HUGE volume spike. Will we see another move up following this same pattern?
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