I'm surprised that for someone who purports to be giving a TA review, spends the first third of the video encapsulating FA. (not wrong in itself, but a concern). Then he misses one of the most important TA flags.
A weekly Gap down with volume...
Sure it's sitting on the trend line, but a big gap down is not a positive..
So it's Trend Support Vs Gap down...
anyone's guess for the short term traders, or those adjusting the size of their positions on a short term basis.
Perhaps not relevant to long term investors, just sayin'.
Beware "Confirmation Bias".
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Price($) | Vol. | No. |
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