So it has touched the top of of your wedge 4 times now, tomorrow the 4th. I guess i don't understand why you think this the time it will then crash and break the bottom of the wedge. seems like the momentum is still higher. I mean wouldn't it be better to call a short once that events happens, Otherwise its just kinda guessing? i find it intriguing that 90% of the people on here call shorts as momentum is obviously to the upside.
ReillyNaughton
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@azdevil if I waited for a breakdown from the rising wedge it’d be too late to post an idea on here. volume is decreasing, price is rising, bearish divergence on RSI, not to mention the ascending broadening wedge on the monthly chart since 2010. this shit is gonna drop HARD.
rosscepp
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@ReillyNaughton, we are gonna bash through that resistance to the upside aren’t we
ReillyNaughton
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@rosscepp so hard dude. rising wedge during a global pandemic?? soooo bullish