The charts speak for themselves. If we do not see these stocks recover with in the week. Then it is likely we are going to see something like a 5% -8% sell of in the indexes in the coming weeks.
I would love to see a quick sell of this nature with the indexes then finding support around the 50 day MA.
This will give some stocks that have been very extended a chance to form bull flags, pennants and handles and hence low risk, high reward trades.
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