Until a textbook "Evening Star" issued a stern warning at the top. Technically, a tick below the red bar was enough to trigger "Short signal. However, it gapped down from the open, with institutional selling with the massive selling just piled on.
At level, which also coincide with Gann's Major decision point, pattern appeared and followed by a big red bar last night. My short has been triggered last night!
If the were to be valid, by around Oct which is the norm selling month, price of AMKR would most probably hit around 6.9 - 7.5 (previous consolidation clusters) which is my intended profit level.
AMKR on of the constituent of NASDAQ Composite Index response almost identically to it.