Appreciating a trendline

118
Hey all,

I've seen many people overanalyze trendlines and pull lines out of their rear ends when looking at charts. Trendlines should only matter when they're obvious- this trendline is obvious. Make of this trendline what you will and play it however you see fit.

An example of how I was playing this- I was shorting MOS a few weeks ago and closed out of my shorts when it tagged the trendline; I'm not playing this name right now, but I do think this trendline will present clear opportunities in the future, and I wanted to share it for you all to see.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.