We are heading down to the 200 EMA (low $16s) on the 4hr chart

11 thg 8, 2020

I expect a trend reversal once we hit the 200 EMA (golden line on bottom) with a slow climb back up. I am labeling this as a Long because it is bearish only for short term. The Stoch RSI has more room to move towards the oversold side but it should not be for more than a day, two max. I expect us to reverse trend from there and move on up with resistance close to $18, $18.90, and finally mid 19s. A close above mid 19S will be really good for long term. I have buys set at $16.30, $16, and $15.80 range. This is not financial advice. Just my opinion based on my analysis of the charts.

12 thg 8, 2020

Ghi chú

No more updates. This thing got wrecked after the ER and lack of updates.