1. The chart has a false break in late July with increasing supply which is a Change of Behavior. The reaction tells us that the upmove is done. Price now either consolidates in a trading range or reverse.
2. The recent rally has diminish volume characterictics.
3. Highlighted red bars show that supply is in the market. We see more red bar with high volume than...
MNDY nearly completes its TR accumulation. From Spring to SOS, we see volume increasing which shows institution participation.
Recent market correction doesn't push it back down to the support at $87.4 but hold a high low. Also it doesn't draw much of supply. It could be a potential Last Point of Support.
Point and Figure chart points to target $200. We could see...
