Absolute and Relative Weakness. Head and Shoulders Top. Retest of Neck_Line. Descending Triangle. Lower Highs. Under 200 sma, Down_Trend_Line. New lows relative to the S&P 500 Index.
Comments
jangseohee
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either way is possible ^_^
YW
rv
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indeed. its up, down, or sideways.
jangseohee
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after the sell-off at the top
price has been consolidating and just found support at 59.50 so far
rv
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hence, the descending triangle formation, consolidating for another leg down. the force is strongly down with this one. Possible of course. Thanks for comment and chart.
( Fingers crossed :) )
jangseohee
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i should have done it in one chart
apologize for spamming
^_^
rv
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no problem. ok. Why do you think this reaction to the upside ?whats the catch ? the horizontal support ?
jangseohee
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another top is coming if the horizontal holds
daily still in triangle but MACD is turning up
YW