The red boxes highlight where price completely ignored your so-called "support & resistance" levels—or the "channel" for that matter. And this is with the benefit of hindsight! Try trading it live based on your unicorn theory, and see how that works out. But sure, keep adjusting the lines to fit your confirmation bias—won’t change the outcome. You’ve got “moving” averages that trail behind the price action like confused tourists. The market tanks through the 50, 100, and 200 MAs without a second thought, then consolidates while the lines slowly catch up... just in time to give you a delayed signal after the move is over. Let’s call them what they are: Meaningless Averages. They’re just lagging indicators that give traders the illusion of structure — like training wheels on a bike.
Ok.. was stopped out at 180.65.. I will look to re enter on a close above 182.5. Made a few points.. stops are very important.
Demoncore,/darkerthandarc, Stop playing Penny stocks and follow my trades. Maybe you could then get off food stamps. I have more money in my tip jar than you have in your bank account.
Fico? Isnt that your bro’s first name? Fico Jones ? Im going to just keep trading and making relevent posts pertaining to trading opposed to the devisive garbage that you and all of your user names post.