If support holds above $25.33 and break the $25.79 barrier on the short term charts. We have to break the resistance area at $27.90 to stay bullish and take profit at $33 short term.
However if we break below the support area $25.33 and we don't find support at these areas $24.97 and break below the $24.44 barrier on the short term charts we might have to revisit the $22.84 . The average price is at $25.10, and below this price we are bearish.
My entry is $23.98 I will hold but if we break the $25.10 average price that will be the time I exit and buy again on the support areas. Otherwise I hope we are on our way to test the $33 TO $35 short term take profit area.
DISCLAIMER. THIS IS MY OWN ANALAYSIS BASED ON HOW I VIEW THE SHORT TERM CHARTS, ITS NOT FINANCIAL ADVICE, BUT MY OWN PERSONAL IDEA OF HOW I SEE THE CHARTS ON THE SHORT TERM BASIS.
However if we break below the support area $25.33 and we don't find support at these areas $24.97 and break below the $24.44 barrier on the short term charts we might have to revisit the $22.84 . The average price is at $25.10, and below this price we are bearish.
My entry is $23.98 I will hold but if we break the $25.10 average price that will be the time I exit and buy again on the support areas. Otherwise I hope we are on our way to test the $33 TO $35 short term take profit area.
DISCLAIMER. THIS IS MY OWN ANALAYSIS BASED ON HOW I VIEW THE SHORT TERM CHARTS, ITS NOT FINANCIAL ADVICE, BUT MY OWN PERSONAL IDEA OF HOW I SEE THE CHARTS ON THE SHORT TERM BASIS.