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US - Canaan - Aug 2021 (2)

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NASDAQ:CAN   Canaan Inc.
- daily chart currently show inverse head and shoulder pattern.
- DMI indicating strong uptrend.
- Stoch indicating few more days of upward movement until it enter overbought region.
- high probability to break out next week.
- break out is confirmed if the volume is significantly higher from previous trading day.

"Market is always right"

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