What are the foreigners thinking? Is it bluff/false breakdown or they just bought back what they sold? let me cut them by showing some Top 30 stocks
Some below did a CLEAR breakdown (break below support levels), and some within the day rallied above the level the support they broke, which what we call FALSE breakdown.
Some stocks below did not make it, some made the FALSE breakdown.
Which to follow? Let us see in the days to come, one thing is for sure, we may revisit 7500-7550 resistance level soon.
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