weekend charting 9-10/7, page-125

Hi Calibra - Nice chart. Looks like it has been pushing up through the weakness since that big gap up day. That was a nice successful test/shakeout on Tuesday with price going up next bar.
But I think it may need more juice (ie volume) to get
it over the current resistance. If it closes on the low today we will have a weak upthrust bar.
May come back to retest for supply into the top of the gap up bar. See where it closes today.
At least we have moved away from that nasty dowtrending line you've drawn there and we have some background strength in that we are above our high volume bar to the left so while its above that its looking ok overall. But a weak day today so far.