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THREETREND RESEARCH

24th Dec · SEBI-Registered Analyst

JBMA
failed trendline breakdown occurs when price breaks below a trendline but cannot sustain below it and quickly moves back above the trendline. This indicates a lack of selling strength and the presence of strong buying interest near lower levels. Such false breakdowns often trap sellers and suggest that the prevailing trend, especially an uptrend, remains intact. In many cases, a failed breakdown can lead to trend continuation or a sharp reversal to the upside.

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