It's nearly identical. Interestingly, the first on the left has a large sell spike. The one of the far right a large buy spike. 3 pops then a dip repeat throughout. The trend lines may not be exact, but you can see the 200 bumping the trend line on the right like the previous identical pattern.
After each 3 top pop, there is a cascading effect that sends the stock over the 100 and 200ema. The large buy spike is over 4million. This one could go either way. If I were to guess, it will roll over and break the 200 and trend line, setting up similar pattern for a possible short.
After each 3 top pop, there is a cascading effect that sends the stock over the 100 and 200ema. The large buy spike is over 4million. This one could go either way. If I were to guess, it will roll over and break the 200 and trend line, setting up similar pattern for a possible short.
Commentaire:
Definitely needs to hold this position or go up a bit.
Will probably move sideways or slightly down for a few days.