Hanging Man at the Highs: A Risk-Management LessonIntel Corporation had already started showing early warning signals after a strong, extended rally .
A Hanging Man candlestick near the highs signaled potential exhaustion , indicating that the risk–reward for fresh longs was no longer favorable . Such signals often emerge before momentum shifts , acting as a cautionary hint rather than an immediate reversal call .
Today’s ~17% decline (still unfolding) reinforces the view that price has likely entered a corrective phase . From a structural perspective, corrections tend to unfold in at least three waves , suggesting that further consolidation or downside cannot be ruled out .
Key takeaway: markets rarely reverse without notice — they usually signal first . Reading these signals helps manage risk before volatility expands .
