tradingzebras

Bear flag being rejected

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TSXV:RIV   None
The bears can't seem to get any followthrough with this bear flag. Big bull volume today with next to no pullback. MACD is about to cross bullish and an ascending triangle is breaking bullish in the RSI. If it can break above the resistance line around 3.70 and hold above the 12 day EMA, this could be a good time to enter long.
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