jangseohee
Short

When divergence never exists

NYSE:SKX   SKECHERS U.S.A. INC
301 12 2
This shoe-makers has its unique way of making price action. Never at all on a monthly chart, i can find any sort of bearish divergence to help me enter short.
However, there is this one characteristic that surely is noticeable. Every single time the price reached a euphoric state, it will consolidation from 1-4 months before it freefall.
I would like to be abit different on the highlighted blue area here. I consider that the entire range of Sept engulfing entire range of Aug as Bearish Engulfing where Nison only use the open & close.
Though not entirely that price will listen to me, i made a projection of how price will fall in time to come.
volume increase with lower candle
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IvanLabrie PRO jangseohee
But it also closed like a week bearish candle...Maybe hidden buying?
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eiffel tower,
rejection
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121 projection
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jangseohee jangseohee
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euphoria!!!
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it is better to have a channel to at least gauge the near TOP/Bottom
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