See chart for explanation
Note
Praise Lord, we are at the resistance level now , let's wait and see if it breaks aboveNote
Ah, another false breakout, another reminder not to buy at breakout and risk unnecessarily your capital. Be patient.Note
watch closely.... going to break out soonNote
Not good, it breaks down from the bullish trend line and if it breaks down further , it will revisit the support at 39.95. Watch first, not buyingNote
We are getting closer to the end of the bearish trend line and the price seems well supported at 39.95 level. Watch for the breakout
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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.