$SKHY sold off hard on Nov 5, and for two days it has sat quietly inside a box. I lean long, but only on a retest of the box floor, not here. The catch: every moving average on every timeframe is still stacked bearish above price. The flush came on the heaviest volume of the move. Since then, volume has dropped by more than half while price held the lower edge twice. What lines up at the floor: - A double bottom on the 1h, sitting just above the daily lower Bollinger band - Selling volume drying up after the climax, a classic secondary test - No invalidation of my prior long view has triggered Each piece fails differently, so the overlap carries weight. Divergence is the strongest leg. On the Nasdaq daily, price made a lower low while RSI and the MACD histogram both made higher lows. The 12h and 4h RSI agree, and the 4h MACD histogram has turned positive. I'm wrong if the climax low breaks. That kills the divergence's reference point and turns this into another leg down. Risks: Korea just tripped a circuit breaker with heavy foreign selling, so Monday's open could gap. And this is a countertrend bounce into overhead resistance. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.