Price went above the trend-line and used it as support for a week after major trend-line breakout. Now this bullish stock is experiencing long exhaustion. Nice big red candle and price going below the trend-line.
I was short early on this stock because I wanted to anticipate the next move after breakout, so went short when saw the first red candle above the trend-line. Now the price is finally coming down.
I was short early on this stock because I wanted to anticipate the next move after breakout, so went short when saw the first red candle above the trend-line. Now the price is finally coming down.