An Overthrow here means a failure to hold and build upon the breakout, which would be hugely bearish as has the potential for a large 'M'- Top Pattern.
Checking the indicators (not shown) shows Divergences on RSI & McD and the move up from early 2023 was on declining volume.
Checking the indicators (not shown) shows Divergences on RSI & McD and the move up from early 2023 was on declining volume.