New TA/Charting, page-1170

I keep my TA simple, price and volume, support and resistance, trend lines etc. Where you've shown the chart making a higher high is where the price has rejected the new resistance level, to me that's not a positive signal. The increased volume on the breakdown is generally a bearish signal although given it didn't immediately follow through, the chance it was a shakeout is increased, however the stock didn't immediately bounce back either, it slowly moved back up on low volume to retest the new resistance. All signs of a stock setting up a move lower imo.

Anyway, I'll sit out and watch and we'll see where Mr. Market takes it