This one took me a long way to get the story in a way that I believe makes sense. I incorporated earnings, which is new for me. Seems like an awful lot of work to say no action... but that is something I have to learn to be content with for long term success.
This also highlights the importance of weekly analysis. As I am drawing the trendlines I am given the mental imagery of something being limply held up by strings. Not a strong bullish signal for me.
Note
This stock has been getting beaten up. Actually hurts a little to be giving out sell predictions, but in this case I can't say I was wrong.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.