Double bottom and prior inverse head and shoulders which now has 2 right shoulders )o: So call in a complicated inverse head and shoulders (o:
I guess the world of charts is not perfect.
Bottoms like triple bottoms, double or multiple bottoms can mark important levels of support. Candle tails/shadows, especially long tails can show support and candle wicks/tops can show resistance, especially long top wicks.
No recommendation/just feels like a time to be defensive.
Negative volume is high showing big money interest. Short interest is .94%. Stop can be close by on this one I would think. Under the head/green star would most likely be safest if you plan to keep longer ter,m.
I guess the world of charts is not perfect.
Bottoms like triple bottoms, double or multiple bottoms can mark important levels of support. Candle tails/shadows, especially long tails can show support and candle wicks/tops can show resistance, especially long top wicks.
No recommendation/just feels like a time to be defensive.
Negative volume is high showing big money interest. Short interest is .94%. Stop can be close by on this one I would think. Under the head/green star would most likely be safest if you plan to keep longer ter,m.