Surf within the current channel or breakout form it?

2020年2月21日

Will we breakout from this current channel or fail to do so?

If this fails, expect this stock to just move within the current channel.
I also show why 1.35 is the actual next resistance, should we break from this channel.

2020年2月21日

註釋

There is also a rising wedge pattern being formed. which is a bearish indicator on the 1M and 3M chart. So if we dont get enough buy volume, we could potentially break downwards in the short term.

2020年2月24日

註釋

Faced some resistance at 1.35 :D

2020年2月25日

註釋

Double top pattern formed at 1.35, hence the dip. Further dips coming.

First support is at the lower channel. If candlestick breaks past this. Expect further correction.

2020年3月12日

交易結束：達到停損點

US index correction, is causing all high debt companies, including gold to correct