Hey, this is for the Canadian tire guy that helped me today. this is for you. :)
let me start 1---- > November 1first was a record-breaking sell candle since the November 23rd, 2010, after that we had a huge rally of 300% over 4 years (NICE) 2-----> we are creating a higher macro high and so far a lower macro high on a bullish falling wedge 3-----> there is major support at the wight line at 166.51 that can not be broken that would bearish and be looking for more further downside 4-----> short term the trend is down and the target is the bottom of the wedge pointed, if broken that will be a bearish 5-----> if broken to the upside I would target the upside trend line 6-----> the trend is played in the wedge until broken up or down
{huge sell volume} November 23rd, 2010 = 9% drop bottom 65.59$ November 1first 2019= 13% drop bottom 185.13$