Broke through 200 day MA of $3.40 and engulfing candle today doesn't seem to help. RSI moving towards oversold territory soon.
Looking for a sharp down which hopefully do a V reversal to end past the day's open. Otherwise waiting for channel stabilisation prior to buying in. Was keen to take on $3.22 today but the sell depth just put me off.
cheers
pcyc
Short numbers, page-50
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