Next Wedge for $MARK? Waiting for some action! for NASDAQ:MARK by gamer456148

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Right now Remark with the bearish correlations and resistance have been beat up alot . I think they were oversold. If earnings show some good news, especially given current support levels, we are talking about the next positive wedge for them. That being said, it is mostly speculative, but many of the patterns are showing support for this trendline. Please do your own due diligence and proceed with caution. As always, everything I say is on an opinion based basis.

Comments

A close tomorrow over the downtrend line would be huge in my opinion. Need a solid confirmation of the reversal of the overall bear trend.

benji3788

@benji3788, I'm hoping the reversal already started happening

gamer456148

@gamer456148, Same, but I look at the chart and see July 6th. So here's to a Bullish confirmation friend.

benji3788

bullish reveral began I think...?

tae9141

@tae9141, I agree. Market is weak today, and there are not a lot of green tickers. Still see us finishing in the green today, but we'll see. Overall I'm feeling the trend going into earnings.

benji3788

@benji3788, Yeah, problem also is a need for increase in volume