Alex_Quiroga
看多

Confused bearish trendline breakout

NYSE:CCJ   CAMECO CORPORATION COMMON STOCK
I always try no to draw too many lines because I work with the more basic concepts of support and resistance , trend lines breakout and price patterns .
Now Here I have double bottom and a main bearish trend line breakout but the price now have acquired and erratic behavior and more recently the price did a deep pullback and here is the opportunity to entry after this dip (9.79)
Other important aspect here is the tails of the candlestick bars in the 7.80 level confirming the double bottom .
When I categorize something like a double bottom like in this chart I need a considerable lapse of time between the first floor to the second floor touched in the 7.80 level in this example the double bottom takes one year and one month to take shape.
The majority of my ideas have this component a bearish trend line breakout with a double bottom .
by the way I not publish the same chart idea twice I not repeat symbols look my published ideas
By last the horizontal resistance line in the area of 12.00 was a support broken in the 2008 in the financial crisis and then again was broken in June 2016
This idea need time and observation because the 12.00 resistance level has a lot of relevance in the recent history of this stock.
I use a price action analysis with multiple time frame . Without Indicators
Grammar correction of the nine line:
The horizontal resistance line in the 12.00 level was a support in 2008 financial crisis, then in June 2016 was tested and broken.
(Past support becomes resistance)
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出