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Gap and go approach activates long sequence in Iren, Scott Redler notes
Scott Redler, chief strategic officer at T3 Live and T3 Trading Group, highlights the start of a new long special active sequence using a gap and go pattern.
Redler points to Iren as a candidate for a swing strategy, focusing on today's gap pivot for potential long positions.
Redler has recently highlighted weakness in QQQ as several stocks posted declines in the market, according to a previous note. He also analyzed a drop in S&P 500 futures as SPY tested the $747 level, commenting on sentiment in semiconductor and value tech stocks in a separate report. These observations follow his latest focus on long setups and active trading strategies.
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