Looking at a yuuuuuuuuuuge cup and handle on STORM. might be forming the handle around here.
broke the consolidation level - no biggy.
we bounced twice on an important level, namely the 0.618 fib - this usually indicates a continuation of the rally.
we might be looking at a hidden bull div (need more candles to confirm)
todays candle might be a doji and that would be favourable cuz the last candle was quite bearish. pinbars are also appearing which is a good sign
broke the consolidation level - no biggy.
we bounced twice on an important level, namely the 0.618 fib - this usually indicates a continuation of the rally.
we might be looking at a hidden bull div (need more candles to confirm)
todays candle might be a doji and that would be favourable cuz the last candle was quite bearish. pinbars are also appearing which is a good sign
Comment:
expecting more downside now - sold my position and waiting