Quantstamp - trendlines and channels practice. Lovely trendline

Description

⋅ May 7, 2018 1:08 PM

Still learning basic TA. This trendline is beautiful. The channel looks ok to. is the recent lower high a concern?

Comment

⋅ May 11, 2018 8:03 AM

Ouch. Something turned the market red today, and that smashed QSP out of my channel. Bounced of the 2040, but is that a dead cat bounce?

Will it bounce back to the channel at least before plummeting?