break through 2009 upper trend line FAKE or REAL

Updated

it might sounds crazy, but if this break through holds. We are in for hundreds of points to come in the next few months.
KEEP IN MIND, that Elliott wave, Bollinger B, seasonality and many other analyst say that we r at a TOP or near a TOP ?!
time of watching closely anything could happen at any time. Just remember this cycle 2009 to today is longer and it's extended
much more than the previous ones. and every analyst you see talking about it They ALL FAILED AT Picking UP THE TOP SO FAR ?!

wish everyone the best.

Note

Hey guys, we are under the historical trend line and did not get a confirmation of a break out above the upper line. Looking back from the beginning of this formation it could take several months to reach the bottom if the bears get total control of the market.

Choose ur stock carefully !

wish you the best.

Note

we broke it loud and clear. Could this be the run of a life time ! or Jut another Bull's trap. Key watch MACD +RSI divergences.

wish you all the best.

Note

From difference perspective and angle. According to John Murphy's book this is a

confirmed bullish break out with four candles above the trend line.

wish you all the best.

Note

3561 , breaking this trend line not good at all.

samitrading

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***

twitter.com/samitrading1

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.