Time for my monthly bearish trade on CMG. Will probably be a long put spread. Nice shooting star candle.
Just curious. Why didn't you draw a line from the high on that chart and through the top of the peak of the lower high to the right of it? Shouldn't that line be worth something on this chart?
@Northy I had one there until it was broken cleanly. Then I went to the latest bearish trendline.