The move down is becoming little overextended. I feel we should plateau around here, and a BUY strategy is suggested.
The Stochastic and MACD are negative, but the stochastic is little overdone and one should expect a move back.
Startegy BUY current $ 3,150-3,175 for move back towards $ 3,600. place stop-loss around $ 2,800.
The Stochastic and MACD are negative, but the stochastic is little overdone and one should expect a move back.
Startegy BUY current $ 3,150-3,175 for move back towards $ 3,600. place stop-loss around $ 2,800.
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Disclaimer
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.