He was suggesting a top and a reversal and a resistance at this level.
Weekly Stochastics does show extreme o/b
So a reversal does seems imminent,
My comment was, yes, I would be looking for a reversal but watch the trend channel
Which is still going upwards.
And notice the moving averages...any down side would be cushioned
By these moving averages band...
Don't expect any sharp drop, if any to $36
Anytime soon.
If anything it might break upwards after the triangle has consolidated
To $42 (??)
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