Trade setup: Trends are mixed. After a bearish breakout from Channel Up pattern, price has also broken below $10 key level and could revisit $8.50 support. That also lines up with a 200-day moving average, which makes $8.50 a robust support zone and a potentially attractive swing trade entry area, which +18% potential upside back to $10. Stop Loss level at $8.17. (set a price alert).
Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
50. The nearest ests nee iS, the 513,00n
Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
50. The nearest ests nee iS, the 513,00n