The chart if the day is the Bradley Siderograph via kirklindstrom.com and serves as an useful tool to detect trend changes in the market. It doesn't indicate market direction but can be used to identify key inflection points. It is better used in conjunction with other indicators than in isolation. The key dates for 2016 are shown below:
LKQ (NASDAQ:LKQ) Hits New 1-Year Low Following Weak Earnings
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LKQ Co. (NASDAQ:LKQ – Get Free Report)’s stock price hit a new 52-week low
during mid-day trading on Wednesday following a weaker than expected
earnings an...
1 minute ago