When I spot resistance I recognize it as a hurdle. Of course resistance can be broken through but its my experience that resistance such as shown on the charts for Fcel, with the huge volume accompanying it, is rarely broken through without a pause and a pullback occurring.
That's all I'm saying . Why several get a fit when its plain as day and pointed out is beyond me.
"Cockiness"? When one is convinced of what one says it might come off that way....... especially when retorts are harsh, personal and not objective.
T/A is not a science. It's a tool and a helpful one at that.
Surely the stock can bust through resistance but that wouldn't make the analysis wrong .
Why? Because I go with what is at the time and not what could be and hypothetical.
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