BAT @ Major Decision Point

This is for education purposes and learning.

It seems the BAT is attempting to break through the major resistance trendline in the midst of a rising wedge. If BAT can't make it back over the major resistance I see more downside, possibly drifting back down to bounce off the support line from December.

I trade BAT for fun. This is not financial advice.

Comment:

BAT broke out of the rising wedge and did a weakish bounce off the trendline.

Comment:

We broke the trendline. Targets from .20 to .185 open

Comment:

We bounced back up and hit the trendline and it was immediately rejected.