The Very Bear Sign

If I go back and look at where I would have drawn a prior trendline, there were vioations in late 2016, the 2020 panic and March 2021, but they all failed. Maybe this one will fail too, but if I'm right that the bear move is only getting underway, this might finally be a clean break. The stock poked its head over its support line from the dotcom bust low, but couldn't maintain it. This is now a 19-year trendline and the fact that it held before strengthens the signal if it doesn't hold now.