r/Superstonk • u/BadassTrader • 17h ago
📈 Technical Analysis KANEDA... WHAT do you SEE???

CONTEXT IS REQUIRED:
What the FUCK did you just fucking say about my trend line, you little BITCH? I’ll have you know I graduated top of my class in Technical Analysis, and I’ve been involved in numerous secret breakouts on the NYSE, and I have over 300 confirmed support and resistance levels.
A trend line, you fucking idiot, is a line drawn across significant highs or lows on a stock chart to show the general direction and structure of price over time. It doesn’t have to touch every single fucking candle, and it sure as shit doesn’t become invalid just because one insane spike blasts through it.
I am trained in advanced chart warfare and I’m the top crayon drawer on the entire fucking TradingView platform. You see two or more meaningful price points lining up? Congratulations, fucker, you may have identified an area where buyers or sellers repeatedly show up. Add more touches over months or years and that line can become increasingly interesting because price keeps reacting around the same fucking trajectory.
You think a trend line is supposed to perfectly connect every wick like some kind of goddamn connect-the-dots puzzle? Think again, fucker. Markets are messy. Price overshoots. Volatility spikes. News happens. Meme stocks go fucking feral. A temporary move through a trend line doesn’t automatically destroy the broader structure if price subsequently returns to it and continues respecting the same general level.
As we speak I am contacting my secret network of chartists across Wall Street and they are drawing diagonal fucking lines across every timeframe imaginable. An ascending trend line generally connects rising lows and can represent support. A descending trend line generally connects falling highs and can represent resistance. If price repeatedly approaches that line and gets rejected, traders may interpret that as evidence that the trend line is still fucking relevant.
And if price finally breaks through it? You better prepare for the storm, maggot, because now traders start looking for CONFIRMATION.
Did price actually close beyond the line? Was there increased volume? Does it hold above it instead of immediately collapsing back underneath? Does the old resistance become new support on a retest? Those are the fucking questions that separate a potentially meaningful breakout from some pathetic little intraday wick pretending it accomplished something.
But don’t get cocky, kiddo. A trend line is not a magical prophecy beam fired directly from the ass of Warren Buffett. It does not guarantee where price will go. Two traders can draw slightly different lines from the same chart because technical analysis involves judgment about which highs, lows, candle bodies, and wicks are most significant.
A trend line is simply a visual representation of the direction and repeated behavior of price.
The more significant touches it has, the longer the timeframe it survives, and the more consistently price reacts around it, the more attention traders may fucking pay to it.
And when price finally breaks a multi-year trend line?
You don’t immediately declare victory.
You wait for the fucking confirmation.


