SPH - end of the rally?


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SPH = 8 (-2.4%)

SPH formed a black candle with lower low and decreased volume.

SPH seems to have met resistance at 8.4

SPH seems to have formed a bearish engulfing pattern, will be confirmed if SPH forms a candle with a lower low and lower high. I hope it does not confirm a bullish engulfing.

Good luck to all SPH traders!
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