TD Ameritrade $AMTD put in a price top by mid-year. The daily chart below shows us that price confirmed the price top by challenging it and respecting it as resistance. Then, after price slide to almost $48 by mid-October, AMTD rebounded. However, price action this week is on the brink of signaling a bearish continuation.AMTD Daily Chart(click to enlarge)Bearish Confirmation:- Just like the market confirming bearish control in July, it is doing so again here in December. - Note that the prevailing bull run was choppy, but the 12/4 session candle was sharp and decisive. - Price found resistance at $55 and the 100-day simple moving average (SMA). More importantly, it reflects respect to a support/resistance pivot area, so it confirms bearish control.- A break below $51 should be a sign that the market is going to test the $48 low again.Bearish Targets:- With the prevailing bearish trend/correction intact, we can anticipate lower low heading into 2019.- The conservative bearish outlook would be the $47 support/resistance pivot area. - Below that there is downside to $39-$40 area, another key support/resistance pivot area. - A less aggressive bearish outlook could be the $42 area, where the 200-week SMA resides at the moment.AMTD Weekly Chart(click to enlarge)