IBUY vs ISELL - Update
The IBUY rally is really strong that's why I shared my last chart with a neutral outlook.
After the recent drop of the Dow Jones the risk for this rally to have a fast pullback is increasing now, that's why I'm sharing this chart as a bearish warning that the price could fall back down below $50 in the near future. My original chart below could be seen as a worst case scenario, because I drew the downtrend line to the maximum I would see it go lower.
After the recent drop of the Dow Jones the risk for this rally to have a fast pullback is increasing now, that's why I'm sharing this chart as a bearish warning that the price could fall back down below $50 in the near future. My original chart below could be seen as a worst case scenario, because I drew the downtrend line to the maximum I would see it go lower.
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