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#Lesson2: Spinning Top

🥇Spinning Top

✅A spinning top is a candlestick pattern that has a short real body that is vertically centered between long upper and lower shadows.

Tags:- @kuttrapali26
✅The candlestick pattern represents indecision about the future direction of the stock.

✅ It means that neither buyers nor sellers could gain the upper hand.

✅A candlestick pattern forms when the buyers push the price up during a given time period, and the sellers push the
price down during the same time period, but ultimately the closing price ended up very close to the open.

✅After a strong price advance or decline, spinning tops can signal a potential price reversal if the candle that follows confirms.
Read 7 tweets
Interesting thread I came across on WhatsApp. These are not my thoughts but found them to be really intriguing.

Lets go
Interesting conversation with a truck driver.

#Lesson 1

The driver transports sugar from Triangle, across the country. He was like a professor to me for those few hours and I was a keen student, absorbing knowledge from my master.
He was telling me that, Tongatt exports sugar to Kenya, because Zimbabwe is under sanctions. Kenya then repacks the sugar and sell it to Australia.

Tongatt again exports a lot of sugar to Mozambique, which is repacked and sold to India...under a different name.
Read 19 tweets

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