Day trading pre-market open September 8, page-71

  1. 12,840 Posts.
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    CMX

    Chart does not appear to support your suggestion.

    1. Volume is usually not of a significant level and this will provide guidance - ie watch for volume to increase.
    2. Buyers are currently controlling the price.
    3. 8SMA moving averages is heading south.

    https://hotcopper.com.au/data/attachments/4659/4659696-f63cec87468f70c6fb0ccadfc5b0cc68.jpg
 
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