Good Morning, Chart has allowed us to spot symmetrical triangle, which can be found as continuation or reversal sign. In my opinion this formation will support further downward movement. To support my point of view, you can see on the chart that second trend line was broke and we are likely heading to a main trend line below. Moreover we can see that MA50 was...
Got rejected with a lot of volume on 12/07/17 and broke support with higher than average volume..If CONN manages to stay below the $32 resistance level, you might see price test the $28. Nice and quick short opportunity. be careful as its still in an upwards trend channel.
Bullish Candle preceding Bearish Hanging Man Overbought RSI High Acc./Dist. Indication ABCD Pattern Trending near Weekly & Monthly Resistance SL: 83.555 TP1: 80.037 TP2: 78.403 Thanks and Happy Trading, KeraTrader
This morning as I was running through my trend following screener, I found Harley Davidson. What I saw was not good. After reporting an extremely disappointing earnings seasons, HOG started its downfall yesterday. It's interesting because for the first time I'm shorting a company that emotionally I like. This is a good learning lesson. It is helping me remove...