With a failed cup & handle formation on FAZ, my paper profits quickly evaporated. My 13% profit of a few days ago is currently a 2% loss, and I put in a stop at 7.99. The market is STRONG and just keeps slogging higher. Stress tests at 2pm should add some fireworks to relatively calm Friday afternoon.
IWM too keeps powering higher. I am still anticipating a break below 46, but am not counting on it with the current market strength.
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Stock Analysis for Traders and Investors
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