I have a LOT on here but I've been watching MARK and am LONG.
1. The yellow line is the long term bottom support line since the last run.
2. I've put the red line to indicate the consolidation zone since the peak in early January. The two trend lines show a nice big triangle.
3. I put Fib retracement lines showing support from the last breakout in late November, MARK currently is sitting on the 78.6% line, should indicate BIG support.
4. I put Fib Speed resistance arcs from the peak along the down trend
CONC: I see possible big movement upward on Volume. I don't know where it's moving up to, but I think 9.5-10 are safe bets for me.
**I am not a financial adviser, these are my opinions **
1. The yellow line is the long term bottom support line since the last run.
2. I've put the red line to indicate the consolidation zone since the peak in early January. The two trend lines show a nice big triangle.
3. I put Fib retracement lines showing support from the last breakout in late November, MARK currently is sitting on the 78.6% line, should indicate BIG support.
4. I put Fib Speed resistance arcs from the peak along the down trend
CONC: I see possible big movement upward on Volume. I don't know where it's moving up to, but I think 9.5-10 are safe bets for me.
**I am not a financial adviser, these are my opinions **