Aksel Kibar, CMT Profile picture
Chartered Market Technician (CMT) and Classical chart trader. Ex- Fund manager. Premium membership ➡️ https://t.co/Y3Q8Y9Flke YouTube ➡️ https://t.co/GDPhOs0GwD

Feb 5, 2022, 5 tweets

Taking one signal (clue) at a time. I usually like to go step by step. Don't read too much into charts. We can't see 4-5 steps ahead.

Here is how I analyzed $IWC

In following week's update what I was looking on price chart. $IWC

$IWC failed to recover above the long-term average and risked a breakdown of the lower boundary.

The signal was triggered during the week with a breakdown below minor lows.

Where we currently stand on $IWC

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