I think that the stock is mainly being supported by two drawn trendlines (drawn in black), but within it the price gets affected by the trendline at 13.00 (blue).
My strategy would be to wait for the outcome and to see which (if any) line the price bounces off of, it could even be congesting at 13.00.
if it drops to the black support line then I predict it would...
A possible descending triangle is reaching it's end (two black lines), I predict that soon the price will break out of the top of it and possibly overcome the resistance which it had been experiencing (dark red line) .
The strategy I would use is to wait a bit longer and to see if the price rises above of the lowest point in the triangle (lowest black line) and if...
The trend lines in black suggest a descending triangle formation. The red trend line is possibly a current support line, as it was a resistance line previously, a support line in 2016 (around September) and a past point of slight congestion (April 2018).
My attempt at a prediction is that it will rebound off of the support line and break out upwards from the...
Shorter term, the black horizontal lines represent support and resistance. The strategy I would suggest is to wait to see if it rebounds off of the top black resistance line then drops to the below support line and trade if it continues to rise off of it.
Longer term the scallops drawn in green on the chart seem to suggest a newer downwards curve and its valleys...
The bottom black line seems to be support, the above light blue line is where there had been previous resistance and support previously, my prediction is that it will either rebound off of the light blue or, due to it's high volume and increase, break through resistance and rebound somewhere in between the light blue and navy.
my strategy would be to wait, if it...
