After a prolonged bearish sell down, this counter might be overdue for a rebound, which we might see this week.
There is strong support at the $60 level, and prices have deviated very far from the 20-EMA, which is a sign of it being oversold.
The overall trend is still bearish, and if it does rebound, I would expect the sellers to step back in at around $64 to resume the downtrend.
There is strong support at the $60 level, and prices have deviated very far from the 20-EMA, which is a sign of it being oversold.
The overall trend is still bearish, and if it does rebound, I would expect the sellers to step back in at around $64 to resume the downtrend.
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Free video tutorials: wp.me/P1riws-7uH
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.