# CXO

Summary

- Previous zigs and zags bouced off the zag zone (good sign of continuation), next push up and back down did NOT buy off the zag zone and just fell thought
- Break support for two reasons - grab liquidity or continue the trend. If it broke up and right back down this would most likely NOT be to continue the trend
- Exhaustion gap filled quickly
- Gapped into bearish divergence on the RSI
- Price made a new high but OBV didn't make a new high

[![image.png](https://pdb.conorbriggs.com.au/uploads/images/gallery/2026-02/scaled-1680-/R4Pq9r9upOybBy28-image.png)](https://pdb.conorbriggs.com.au/uploads/images/gallery/2026-02/R4Pq9r9upOybBy28-image.png)