Stock gapped down April 2017 from $17 to $10.50 before a further slide to $3.15.
Since that point there has been a steady consolidation period with a slight up trend finally breaking from the ascending triangle with larger than average volume. Retested historic resistence today which held up. I'm looking at this to move into higher highs attempting to cover the...
Cotton has been fairly range bound after its fall from grace in 2011.
If the wedge continues through the long term downward resistance, I see difficulties breaking above 0.9445 with the possibility to short into 0.5707
Watch levels around 0.8601 to confirm downward movement.
Bitcoin is a super hard asset to be bearish on right now. Following a fakeout earlier today I see a break through the wedging pattern after double bottoming forming over the previous 4 days of trade.
Moving higher since July through a tight range. moving into top of long range wedge.
Taking short positions into and potentially through bottom of short term channel
