If D is D hten AI has possibly bottomed. Possible double bottom if no more bottoms are in the cards for AI. Hard one because unless this is the bottom, then there is no history underneath. Feels like grasping at straws and looking for a bottom. I just think this is worth a bit more than this. But that is my opinion and we all have one.
Appears to have been a butterfly pattern although D overshot the 1.27 by a couple of dollars.
One thing I have learned about Mr Market, he does not always stick to rules like we have to do!
Not a recommendataion.
Harmonic patterns often appear as double tops. And they are as it is best to get out at that second top because the last leg can take you to a dark place )o:
Negative volume has not kicked in on daily. On lower time frames NV is high.
Appears to have been a butterfly pattern although D overshot the 1.27 by a couple of dollars.
One thing I have learned about Mr Market, he does not always stick to rules like we have to do!
Not a recommendataion.
Harmonic patterns often appear as double tops. And they are as it is best to get out at that second top because the last leg can take you to a dark place )o:
Negative volume has not kicked in on daily. On lower time frames NV is high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.