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Wednesday, February 19, 2025 8:13:35 PM
Sure enough ...
As I wrote before, "There is way too much overhead to blast through on less than average volume."
Current chart confirms the former:
By the way, here is a chart that displays the prognostic value of volume interaction with trendlines or overhead resistance.
y'all should do yourselves a favor and memorize this valuable information. It could be very profitable if you were to ever follow this basic TA 101 principle,
So far there is nothing to get excited about unless you are looking to short a pullup to falling resistance (ice line and 200 day moving average).
As I wrote before, "There is way too much overhead to blast through on less than average volume."
Current chart confirms the former:
By the way, here is a chart that displays the prognostic value of volume interaction with trendlines or overhead resistance.
y'all should do yourselves a favor and memorize this valuable information. It could be very profitable if you were to ever follow this basic TA 101 principle,
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