XPR - Loop the Loop Shakeout

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Broke out but it has become a wild Loop-the-Loop shakeout with long wicks in both directions.

This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.

An so this appears to be ok though not really desirable as long as it doesn't start falling below support.

If it does I will probably reduce my position.

But this potentially can be a wild consolidation of support to move on up 👍.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.