Failed to bounce from the long term support trendline and the price has broken down below it. Important support areas are $13 and $11.45.
If $13 support is critical psychological support area.
As of now Oscillators are not turning up yet. So it's a period of indecision with a little weight on the down side.
The cheaper the company gets the more likely it is to become an acquisition target. So anything is possible.
I am watching for an opportunity to load more.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
If $13 support is critical psychological support area.
As of now Oscillators are not turning up yet. So it's a period of indecision with a little weight on the down side.
The cheaper the company gets the more likely it is to become an acquisition target. So anything is possible.
I am watching for an opportunity to load more.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.