Thursday, May 28, 2015 8:07:29 AM
KORS daily and weekly
Went from a falling wedge, to a falling knife. In an extreme move or even an extreme market, long term support and resistance levels can help. Keep in mind, emotions screw up charts. Large moves like that are emotional. I don't know anything for sure? I believe that's one reason why falling knives are so much harder to predict. They don't follow the "rules" as well.
WEEKLY
Went from a falling wedge, to a falling knife. In an extreme move or even an extreme market, long term support and resistance levels can help. Keep in mind, emotions screw up charts. Large moves like that are emotional. I don't know anything for sure? I believe that's one reason why falling knives are so much harder to predict. They don't follow the "rules" as well.
WEEKLY
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