jennhong1992

jennhong1992

bleh bleh bleh

jennhong1992

im thinking of it ranging a few days before it drops again lets see if it breaks 38.2 and it it doesnt, it remains bearish

jennhong1992

target 4 for my records

jennhong1992

forming a channel down. eventually will break up but not too far.

jennhong1992

knowing UC, it will consolidate or take til wednesday to do any big moves.

jennhong1992

hmm

jennhong1992

negative news, bearish supposedly retraced off of the 50% line back to 38.2 but did not break it symmetrical triangle, breaking down wards? all of my confirmations

jennhong1992

If you look at the fibs, bounced off of .5 and has not passed .382 RSI resistence and support, you can see it has formed a triple top, should break back down i'm assuming this will be ranging for a few days. before we can make a decsion with whats going on. i repeat, just testing out this indicator :)

jennhong1992

wow connected the fibs and everything is on point

jennhong1992

yasss broke!!

jennhong1992

short short short

jennhong1992

ive been following this for a month now, ever since the decending triangle on the left

jennhong1992

I just dont see a reason for it to break upwards.

jennhong1992

what do you guys think

jennhong1992

from what ive researched spinning tops are neutral.. we will have to wait to see which side it breaks on this flag thats consolidating, which you can look on hr 1 charts and lower

jennhong1992

since they'res so many different opinions on what will happen with UC, i will be prepared for both directions :)

jennhong1992

look on the 15 min chart, more confirmation

jennhong1992

who else finds it interesting that its channel's have identical movement, everytime it breaks, it forms a doubt top and drops, when it begins you see the double bottom.