we have on the chart 4 simple lines (whats make clear price movement) the channel lines and . So, the price has 2 spikes (what mean it broke the resistance 2 times) and it's not that hard to tell that the next price step is going Down if you look to the but you'll be confused if you look at the , which give a signs for an Up movements And that's why you should NEVER depend on Indicators. Anyway. Aftermarket open, I expect for the price to back down.
the last format shows "Evening Star Pattern" 50% valid, why not 100%? because "Evening Star" needs 6 conditions to be confirmed:
1) Uptrend ~ Check.
2) Candle ~ Check
3) Gap Up ~ Check
4) Small Candle ~ Check
5) Gap Down ~ In progress (aftermarket open)
6) Candle ~ In progress (aftermarket open)
I don't believe $110.82 levels will be strong support because as I said the price alright Overbought so the movement down will break this easily.