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I could be wrong here but I am playing with some things: :cheesy:Thinking about going back to rectangle which is a consolidation pattern that we need to break out of the top. JMO: :suspicious:
Playing with less things. Chart: :cheesy:I could be wrong here but I am playing with some things: :cheesy:
Redraw done. Is this consolidating sideways for a pop over the box. In a normal market I would think so but it may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. Just my guess and I have been second guessing too much lately: :suspicious:Downside confirmed and now to see if this is a little bull flag. I will redraw the flag after today's action: :blink:
I may be right. Close enough to a Topping Tail double top: :worried:Redraw done. Is this consolidating sideways for a pop over the box. In a normal market I would think so but it may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. Just my guess and I have been second guessing too much lately: :suspicious:
Still looks like 60/40 flat top. Added a direction rectangle to January chart to check for direction. I feel 60/40 down from here but I don't know for sure: :worried:It may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. It now is even starting to look like a flat top developing which could cause a big drop. Here's what I have: :worried:
Still looks like 60/40 flat top. Added a direction rectangle to January chart to check for direction. I feel 60/40 down from here but I don't know for sure: :worried:
Here's may be the big drop I was expecting but the buyers came in at my 18 DMA: :suspicious:Still looks like 60/40 flat top. Added a direction rectangle to January chart to check for direction. I feel 60/40 down from here but I don't know for sure: :worried:
So here's the big drop:It may be 60/40 hesitancy to buy more at this point because of moving averages coming up as resistance. It now is even starting to look like a flat top developing which could cause a big drop. Here's what I have: :worried: