NHL Charts, page-4873

I have so much to do at work yet here I am drawing amateur lines on a chart lol (no wonder I am always back late!)

Another amateur chart:
- I think we are at an interesting crossroads. To Patterns point regarding demand zone earlier, it was quite clear that anything sub 7 got swooped up almost instantly.
- Below is an hourly chart, 7c has been quote well support of late. It was pretty obvious a sub holder (speculate to be Diamond) did a nice little dump at his desired zone and likely caused some panic/stop losses too.
- In my opinion it still looks healthy below, and we are close to potentially break downtrend line.
- Also note how squeezed the boiler bands are (source for below https://school.stockcharts.com/doku.php?id=trading_strategies:bollinger_band_squeeze) :
The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline.

- Buckle up and lets hope it's a "significant advance".




Daily chart (at current price) for interest:
- reducing volume on each red day since the high.
- RSI at a reasonable level in the 50s.
- At the moment EMA 5 and 9 still being our kryptonite as that's where resistance has been the last 5/6 days (including today).

*Still half the trading day left so below could look different depending on arvo outcome.