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interesting tidbit I came across today picrel
I didn't include the charts afterward but they all proved the point well. My theory on why it works is the movers of the price have limits on how much stock they can buy, intentional or unintentional, so when it makes a move upward, they can only buy around that same amount during the pullback, paving the runway on next rally to be the same length. this rule also proves that retail doesn't move the markets for shit, except in rare rare cases and even then most of those cases are with a low float stock.
