New to the discussion area. Just testing how it works :)
a. Fibonacci level hits 0.618 from the top
b. slight Increase in volume while the price went down in the past a few days
c. On balance volume looks fine
d. 20EMA above 50EMA annd 50EMA above 150EMA, still in upper trend
e. 20EMA is approaching 50EMA, expecting (or imagining) a drop to around 38 within this week and a breakout after that.
Any thoughts or comments are welcome!
a. Fibonacci level hits 0.618 from the top
b. slight Increase in volume while the price went down in the past a few days
c. On balance volume looks fine
d. 20EMA above 50EMA annd 50EMA above 150EMA, still in upper trend
e. 20EMA is approaching 50EMA, expecting (or imagining) a drop to around 38 within this week and a breakout after that.
Any thoughts or comments are welcome!