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#17: Kiril Sokoloff on Identifying the Next Big Thing

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Effect of Market Action on False Breakouts and Breakdowns

I don't remember seeing these false breakouts and breakdowns. I think this is a relatively new phenomenon. And I think it's maybe algorithms or it's sort of a group of traders who are trying to test the market, you see that all the time in markets. But they tended to be very rare and these are frequent.

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