Haven’t checked the chart in a while. Personally I’m looking at 5.40 as a weekly support based off previous price action range. This could be a great long postion start up area. Really in this 5.40/5.66 range depending on your risk tolerance. Could still be a falling knife buy but that is a good zone from historical support range. Just my thoughts ideas and perspective. I have a few buys set in. Started a nibble at 5.76. Got a bid at 5.61 and 5.42. Good luck.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.