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2. When RSI bounces off near the extreme point, the next breakout/breakdown could mean
reversal
a. Hammer (orange circle)
There are two hammers, but during the first, the RSI hasn’t breakdown to below 30.
The reversal point was the lowest ever.
b. Can’t breakout the 52 weeks’ high, verified by low volume
3. When breakdown happens, the resistance level would be around the 52 weeks’ low
4. asd