A chart is valid 1000 years if the stock is still assigned.....
to it.It is it's diary so to speak.Remember now that we traverse downward through supports you still will have some pausing at those levels depending on how many candles stopped there previously before.Like we needed to break 1.75 yesterday and we stopped at 1.71 and reversed when that buy program ended at that level.Then we dropped to the 1.40 and 1.30 range again. Today is no different.....Thanks and jmho...