jib232
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trendanalysis
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CLX from the weekly chart. CLX has been primarily trending up since the early 80’s. Near the end of Nov 2019 the 130 EMA was tested, and a rally was generated that broke the consolidations resistance line at that time. Stock prices soared around 65% in under a years’ time. Price has now fallen around 37%. I feel the price will retest the support line and enter an...
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LYV is forming a M pattern on the weekly. A large gap needs to be filled between 11/6/2021 to 11/9/2021. I want to see how the security price interacts with the gap (filling the gap or treating it as support). If the gap is filled, I will treat that as a buy zone, analyzing and preparing to sell at or above the "First Test" line. I see a divergence in the RSI...
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