@Seb93 Just got curious to review the chart for REE as i had a quick look this morning and thought it was okay at the time (on the open) but i wasn't trading it so thats why i may have overlooked a few things. Your comments on REE this morning made me reflect on what went wrong.
Looking at the drawing board now.. the run up does appear weak yesterday and when tested with supply on the open, it failed to break 7.0. It wasn't screaming a clear sell until it looked pretty sour which was when it couldn't move forward even after knocking down that 3mil wall at 7.0. It then gave a few opportunities for an exit with some nibbles around the highs.
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- Day Trader’s Aftermarket Lounge 27 May 2020
Day Trader’s Aftermarket Lounge 27 May 2020, page-43
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