UPDATE: Yeah, I knew this was some bullcrap. Fortunately it got me to hold on to my puts longer and take heavier losses :P
I once heard martin Armstrong say that if a price is tested 3 times and fails, it will not be tested a 4th time. I'm not sure how strictly to apply that rule. Does it have to be the exact price each time? Can it be a sloped line?
At any rate, this is a perfect horizontal alignment.
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