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Re: Young_Wild_and_Free post# 121360

Monday, 11/30/2020 9:08:16 PM

Monday, November 30, 2020 9:08:16 PM

Post# of 128599
Oh was just jesting but it could feasibly act as a Significant Resistance Level
Meaning ; That it could experience some hesitancy in getting above that.

Not to mention the Technical Rule of Thumb which states that Price Gaps' generally always must fill before (in this case turning down).....

Or to put simply,
Climbs up / Closes the Gap, then it's free to Fall....
In accordance with one of the most basic tenements of TA