
@PatrickST @PatrickST Hopefully this will clarify your confusion. I'm only going over the chart from a technical perspective. Now, Generally, when support is broken, it will turn to resistance. Ideally, the same concept applies with $MCP. If you look at the chart, I boxed (in green) prior support for MCP. Then I boxed prior/ideal resistance (in red) for MCP. When a stock experiences a breakdown (i.e. support being broken), generally resistance will occur. There was prior support (in green), then it broke down (pink oval). Later, there was a test of its resistance (white). The resistance failed, and the stock was going to test once more (next white we referred to). At this time, there seemed like there would be a breakout, however, it failed, proving itself to be another point of resistance where Tim G. shorted into. Since I do speak in hindsight, when you notice that the stock does reject breaking out of its resistance, you then put in a starter short position (in this case) with a risk of the high of days, so if this high is broken, then maybe there might be a breakout (in this case there was no breakout).

@SamuelBuffett Thank you mate
@PatrickST No problem at all buddy. All the best to you and your trading endeavors!
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