RE: Beginners Questions
Would I be correct in saying that Lloyds is now in stage 4, and that the thick black line (which although isn't precise does a good job of highlighting an area) would mark its initial breakdown? Or are we now in a stage 4 continuation?
Did stage 4 take place higher up at the red line?
The reason why I ask is that I've been following this for quite some time and yet its only in hindsight and past its breakout does it become apparent.
volume is lower so not a deal breaker, but not confirming the breakdown and the Mansfield RS has just popped into the negative
any thoughts as to a good candidate, or am I chasing this one?