If anybody was thinking of picking up a few shares now is the time to think harder. Of course price could go lower but you just have to take you best shots. demand zone 88-92
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Today I Learned
Awesome! Just consider that only thing that really moves the markets is supply and demand. EVERYTHING else is nonsense and misdirection.
If you start paying attention to the chart with only price movement and nothing else. No curvy lines, no moving averages, nothing else you can start seeing how supply and demand works.
To get you started consider this. You are not really interested in the price that something sold at which is what a chart shows you. You almost want to see the opposite. You want to see why price DID NOT get to certain areas when it had an opportunity to get there.
You can combine that with one other fact and you will know more about chart reading then most people.
That one other fact is this. Despite what everyone claims Professionals DO NOT chase price. They let price come to them. Hopefully that helps you a little.