Short
Chinese finance co XRF consolidating

Pennant showing on Chinese finance company XRF with long term rising support. I first thought this might break out to the upside, but that resistance line goes back all the way to their 1st month on American exchange in May, '17. After seeing that, I think there is a greater probability that this will break to the downside.
Note
Upper resistance still holding strongNote
Holy shit I wish I'd bought some of thatDisclaimer
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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.