View: slopechart_SBLK.jpg

slopechart_SBLK.jpg

SBLK - Support after support break since its high in Mar '23, now testing the latest uptrend support from the 2020 low.  
Inside the Cloud and under plenty of resistance. 
Nothing violated in process, if it goes up next week, I plan to add short. 
Bullish case is if price hops, skips and jumps up out of the Cloud and over the 2020 trend line. If it manages that, chances are good it will overcome the following two hurdles as well.

Image added via SlopeCharts
slopechart_SBLK.jpg

Comments

VioletViolet
SBLK monthly. 
8/25/23
VioletViolet
Suggested path. 
 
8/25/23
...