3 Month Channel Broken

The whole sector had a very bad day and the channel is sideways (with downward pressure) for the time being, so all we can do is wait and see what it takes to break it. Good argument for trend trading or swing trading instead of all this jumping in and out isn't it (the weekly gave a bigger picture didn't it; look at that volume drop).....see you can learn from my mistakes too :)
Trend Analysis

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