Short CAR
By:TradingView
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Back to prior highs, very overextended price action driven by short covering.
Bearish divergences on the MACD and stochastic at the top end of the range suggesting a near-term correction back to the $212 handle.
Stop loss at $560 should be tight enough.
Bearish divergences on the MACD and stochastic at the top end of the range suggesting a near-term correction back to the $212 handle.
Stop loss at $560 should be tight enough.
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