I normally avoid trading into a gap down open air pockets but this looks to be putting in an island reversal plus head and shoulders bottom. It broke the neckline and pullback on line volume to test it. Tight 3 day pivot developed today and held up well.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot ✔ YouTube channel youtube.com/@taplot
Also on:
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.