Are we so sure this will retrace upto the 50/61? Im not this may be a shallow retracement itis a massive demand area to get back upto 150. if it does (Fundamentals aside) it will track up the trend line painfully so set an alert and be ready for it!
Comment:
Well its creating a very frustrating flag as suspected, along the trendline.
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Well its creating a very frustrating flag as suspected, along the trendline.