BRRB, showing what could be an early warning sign

This is one that I really like but that might be about to change with Fridays high selling day and upper candle wick , still no breakdown so that takes precedence , price is the best indicator but just pointing out that we have a bit of a warning sign here ...

This alone does not make it a sidelines name ,
its still a TT's name with a Major 2/2 gap and 2 minor 2/2 gaps , which makes it special . But if it does breakdown a bit would not be a huge surprise.

ความคิดเห็น:

TT's name = top trender ( RS , 2/2 Major gap from most recent GLB, and TIGHT moves )

2/2 a gap measured from a high to a low , a major one is above a GLB , very rare
and a minor one is below a GLB but same price action , more common ,still worth watching .

GLB - green line breakout , see Dr eric wish's work , he created them , similar to ATH break out but more to it

ความคิดเห็น:

Most stocks make 1/2 Gaps , so 2/2 wether Major or minor are both special . Essentially it means that a stock broke above a prior high and then did not retest it in the future when it pulled back . this is STRENGTH so I try to only trade these types of moves and have come up with Major and minor versions of 2/2 Gaps