An interpretation of the underlying actions of market participants & what these actions signal.
Note
Bar 9 is very bearish and tested, but did not penetrate the top of the previous trading range. Earnings report (although showing growth) had impact as did MRNA vaccine news (seems ecommerce goes down with positive vaccine news). Since earnings were strong and price didn't violate support, there's a chance it will recover in the following days.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.