I will look for stocks that retraced to prior breakout. Current one to consider is PayPal. Broke out to new high between February 2 and 3 for those looking at the chart. [Reply]
Originally Posted by MTG#10:
I brought it up a few days ago but nobody replied.
SPAC about to acquire XOS...EV Commercial vans/trucks.
It looks like it's almost mirroring the CCIV pattern. Was flat at the SPAC release price until merger news surfaced, to which it bounced up 3x, and now fell back to earth immediately following the announcement. [Reply]
Originally Posted by TinyEvel:
It looks like it's almost mirroring the CCIV pattern. Was flat at the SPAC release price until merger news surfaced, to which it bounced up 3x, and now fell back to earth immediately following the announcement.
The announcement doesn't appear to be doing the stock any favors. [Reply]