User: MississippiMan: Support and Resistance: slopechart_BIG.jpg

slopechart_BIG.jpg

The breakout didn't hold and has fallen back below both horizontals. Today's harami suggests a momentum halt to the downward trend. Perhaps a short term swing trade is in order for a bounce play. Stop at the bullish fractal to the left at around 48.

Image added via SlopeCharts
slopechart_BIG.jpg

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