Look at the circles - price nestles on support then falls through.
This was over as soon as price broke through the 200DMA btw.
Dont say I didn't warn you.
But this is not advice - just my thoughts with a chart.
This was over as soon as price broke through the 200DMA btw.
Dont say I didn't warn you.
But this is not advice - just my thoughts with a chart.
Note
Break to the downside as i suggested. It might make a finger top grab back to the cliff top, or perhaps even more who knows, but this name is heading down then down down some more.Note
Finger tip grab printed.Note
Buh-bye! 🐻🐻🐻Note
Getting smashed.Note
Some people like inverted charts so here's one - You can see price breakout from the trendlines to then break out from ATH resistance, re-test as support, fakeout wick to the downside, then breakout to the upside.Buying or holding in this area is "a hope and a prayer" trading.
Note
Any question?
Your FA guru can't read a chart💭
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
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.