Replies to post #44039 on lowtrade

[lowtrade]

ANR

If it doesn't bounce before reaching 61% FIBs retrace, walk away. If it does, IMO don't re-enter until top resistance is broken.

The more FIBs lines crossed on the way down, the harder it is to reach top resistance again. They become support/resistance in a flag pattern.

Also remember you always want to see increasing volume interest, in a climbing stock.