Stock reached the resistance with reject candle indicating continuing down movement.
The stock targeting the green 4h zone.
for confirmation we need to see reversal candle with buying volume once showed up its green light for safe entry.
Don't be caught during the run down movement be safe !
and of course its insane to buy at current level at resistance.
Take Care.
The stock targeting the green 4h zone.
for confirmation we need to see reversal candle with buying volume once showed up its green light for safe entry.
Don't be caught during the run down movement be safe !
and of course its insane to buy at current level at resistance.
Take Care.
Note
just want to say HiNote
Rejected strongly at the resistance the plan valid no changesNote
Again HIMS Strong Rejection from Current Strong Resistance indicating Sellers Has the Upper Hand, the story behind that is:This simply Bull Traps The Market Maker needs liquidity to exist from current market prices this noise on chart at current price just trapping traders.
UNLESS we open GAP UP at current strong resistance this is no hope of this market going any where.
This would be weak breakout if we side ways at current prices before going high
Trade closed: target reached
Guys I just want to close this Analysis because I just want truely to warn you, I believe I done for now.Always Remember " This Time Shall Pass Too"
Now pre-market red with all over news Negative about tariffs and old news that already known but its just to let you be scared the Marker Makers who sold here they will buy at the supports levels just wait for confirmations and never be scared remember you wont have another golden opportunity like now its discounted prices and amazingly it will be even more soon.
Good Luck
Note
it was Fake Break Out of Strong Resistance, stock price failed to re-test still Green Zone is safest Buying Zone
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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.