Well - to add my $.02!
The blue line shows the long term support line, the green shows the short term support line and the red shows short term resistance.
What we can see from this is that we failed on the downside in the short term of a small pennant formation - however we still have a larger pennant formation from the long term trend that is still in play. Breaking either way from this long term formation will point to the likely answer.
Has anyone got the volume data or RSI?
;-)
Cheers
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