Trend is progressive (exponential selling strength to target price level)
Strong selling exhaust (price is moving strongly with volumes)
Buying pressure (First buying signal appear on support levels)
Contradictory strength (Second buying signal (and confirmation of first one) appear with a buying volume candle)
- If market is lateralizing...
Not happy I did not take profits on the fake rally 2 days ago, very low volume.
Now that this stock has fallen, trying to learn my lesson: This was a 3 drives and the fall was down to precisely the line from peak #1 through bottom #2. Almost spooky how that happened.
Now drawing fibs and I'm hoping it returns to fill the gap, to 69, back where the 1 hour VP says...