zoom out on
GMCR:
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closer up with technical indicators. Lower momentum with 3 impulse pushes that haven't gotten beyond $70. Notice that between the first and the second push momentum registered a lower low, while price put in a higher low leading to a
"Slingshot" in price.
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That shooting star/gravestone doji type candle seems almost reason enough to watch for increased selling. The only thing that might be able to drive
GMCR higher could be some sort of
short-squeeze.
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