9 May, 2016 Get ready to sell!

Oh jolly good, have we found a sell point?


I am truly fascinated by this chart. We have a nail that got hammered down on the 24th of August, 2015 that looks like a great point to start a line. Then on the 7th of December, 2015 the price gapped through that nail which gives us a pretty strong indicator of support turned resistance.

Carry that line on out as the price bounces off the bottom and we see what looks like a good sell point.

Chalk it up, Mr. Livingston: Sell at $12.30