View: Trendlinehighlow.png

The low points used in drawing the bullish trendline from April 2014 nailed the June 2018 low. As you can see on the chart, using closes to draw the same trendline was about $4 off. 10/31/18

The conclusion I have drawn is that it is better to draw the trendline/support/resistance line that is closer to current price. Use that as an "alert" and go ahead and draw both and wait for the bounce. 10/31/18