$COMP Structure Analysis: Up 21.4% over 24h, currently at 25.79.
A healthy rally takes two steps forward and one step back—three rising candlesticks followed by one pullback. A dangerous rally shoots straight up, with no turnover along the way. The former is built on a solid base of holders; the latter can trigger a panic sell-off at the slightest sign of trouble. Compare the candlestick charts: which type is $COMP showing now?
Which kind of setup would you rather take part in? #COMP
For discussion purposes only; this is not investment advice.
A healthy rally takes two steps forward and one step back—three rising candlesticks followed by one pullback. A dangerous rally shoots straight up, with no turnover along the way. The former is built on a solid base of holders; the latter can trigger a panic sell-off at the slightest sign of trouble. Compare the candlestick charts: which type is $COMP showing now?
Which kind of setup would you rather take part in? #COMP
For discussion purposes only; this is not investment advice.