Last week I have
shared that candlesticks chart showing double top formation. The formation is
invalidated and confirmed on Thursday when it successfully breakout
from the strong resistance of 17,140. However, note that candlestick chart
showed a shooting star pattern on Friday, we may see some sideway
consolidation or even retrace down to the new support of 17,140 before the
uptrend continues. Happy trading in stocks! :-)
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