By Brian Shannon Technical Analysis Using: Multiple Link [better]

The floor gives way. The stock breaks below its distribution support level, initiating a severe downtrend characterized by lower highs and lower lows. The moving averages slope downward, acting as a ceiling of resistance against any temporary bounces. 3. Implementing Multiple Timeframe Analysis

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Shannon is a major proponent of using VWAP as the true anchor of market sentiment, helping to identify institutional buying/selling pressure. The floor gives way