DOJI @ the top of an uptrend? Possible downtrend coming LANC?
So, let me be 100% clear so I don't give off the wrong impression to anyone who is new to the stock market. I am still newish to this, and am just starting to finally learn to spot trends and reversals, patterns, etc, etc. So if someone sees this and knows, or even suspects my analysis is wrong, please let me know so I can change what's wrong and learn from it. Other than that I noticed this DOJI that formed at the top of what could still be an uptrend, except that LANC lost some steam today towards the end of 8/27 trading day. I don't believe that LANC will fall to much, but I do believe it will drop tomorrow and the rise back up to start bouncing off the new support line I drew in based off past price, support, and resistance analysis. Please comment about if any of this makes sense, or if my chart is just complete gibberish. Thanks!
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