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TECHNICAL ANALYSIS | May 12, 2022
Are We There Yet?
Just like the German proverb co-opted by finance which says that trees don't grow to the sky, so also can we assume that roots don't burrow all the way to the center of the earth? If one were to dig deep enough, we could probably pull out of the earth even the deepest of roots. So when we look at stocks which have been in a steady decline we know that eventually most downtrends will end.
by Stella Osoba, CMT
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