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ST Range Stochastic

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The Range Stochastic indicator was developed to specifically track stocks forming “Frowns and Smiles” patterns. When multiple timeframes are in sync, these distinct patterns signal momentum with clear support and resistance levels. It is also designed to expose any significant overbought or oversold condition. Large counter-trend bounces can be identified along with signals showing when the momentum dwindles — “cash in, cash out.”

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