Look at the annotations in the chart. Plain and simple Andrews Pitchfork rules at play. Price has taken out a minor swing high, indicating a change in behavior.
Note
Look at the support and bounce off the lower parallel of the blue fork. This is sign that the blue line is valid. Keep this stock in your watchlist.
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.