$GNRC is recovering inside a much larger decline. Short-term candles have improved, but the immediate read is still corrective, so this is a confirmation setup

$GNRC is recovering inside a much larger decline. Short-term candles have improved, but the immediate read is still corrective, so this is a confirmation setup rather than a chase. A move through 193.68 would improve the near-term picture; the chart does not yet offer a tight risk line. News: On Sep…