Bearish confluence vs Bullish trend...
This $MZOR weekly chart is rather interesting...
To start with, a long bearish pin at the top of an uptrend. This particular area where the opening kind of matches the closing (to form that particular pin) happens to be at a Fibonacci level. The 261.8 extension from the 2014 high to 2016 low retracement to be precise. If you look at the RSI, you will notice that it makes a lower high while Mazor Robotics' price is making a higher high. That "non-confirmation" is called a be