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Re: nowwhat2 post# 95507

Saturday, 11/10/2018 12:30:16 PM

Saturday, November 10, 2018 12:30:16 PM

Post# of 128578
Okay so this is what happened last week now, remember ?



That Super-Solid line of support failed to hold


So....









The more times a security bounces off a support line, the more stunning the failure of that support level becomes....



That's just a Basic T.A. Rule of Thumb....




Which as one can see, works quite well.





The stock dropped 11.4 % in just 4 short hours





An absolute bundle could've been made on that play....





It's the type of play which (likely) many algorithms seek




.