Is the top in on the market.Well, well , well smh looks a bit toppy here. Looks like its hitting resistance at $618.
If we reject tomorrow then we go lower to $595. Above this level is New ATH's. Let's see what happens.
This is for educational purposes only and does not constitute as financial advise. Watch and like the video. Also, first 5 peoples the comment I will breakdown one stock of their choice.
Smhshort
SMH - What if this Medianline-Set holds evidence?The upward momentum changed when price closed and opened below the white L-MLH.
The rules say, that when price is leaving the Fork, open and close outside, we can expect a test/retest at the L-MLH.
This is exactly what happened.
Shorts got squeezed by a GAPer of the Market Makers move. And I admit, I could imagine a further rise for a third test at the L-MLH.
However, SMH is being observed very closely from now on.

