Note the high level horizontal resistance, which has held its ground three times.
And see the support of the purple channel.
They make the triangle. Watch, as the situation develops.
Comentário:
Took a vacation. Missed this one, as I was kind of already burnt out.
But that helped me, because.. I was long in regards to this break out.
Instead we can see tat the stock has broken out to the downside. Moreover, even without drawing I can spot a descending channel.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
But that helped me, because.. I was long in regards to this break out.
Instead we can see tat the stock has broken out to the downside. Moreover, even without drawing I can spot a descending channel.