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jangseohee
1 oct. 2014 02:45

When divergence never exists Short

Skechers U.S.A., Inc.NYSE

Description

This shoe-makers has its unique way of making price action. Never at all on a monthly chart, i can find any sort of bearish divergence to help me enter short.
However, there is this one characteristic that surely is noticeable. Every single time the price reached a euphoric state, it will consolidation from 1-4 months before it freefall.
I would like to be abit different on the highlighted blue area here. I consider that the entire range of Sept engulfing entire range of Aug as Bearish Engulfing where Nison only use the open & close.
Though not entirely that price will listen to me, i made a projection of how price will fall in time to come.
Commentaires
jangseohee
jangseohee
jangseohee
volume increase with lower candle
IvanLabrie
But it also closed like a week bearish candle...Maybe hidden buying?
jangseohee
eiffel tower,
rejection
jangseohee

121 projection
jangseohee
jangseohee

euphoria!!!
jangseohee
jangseohee
it is better to have a channel to at least gauge the near TOP/Bottom
Plus