If doesn't find support on the 50MA on daily chart then not a lot beneath. RSI and MACD pointing down. Everyone's chart would look the same. Sorry I just can't say it's in an uptrend today. That would need RSI above 50, MACD in green positive territory. But depends on perspective. Zoom out and yes we are above 200MA still as we have been for a year which some use as thier yardstick.We've been in this wedge pattern for 2 months and most hoped we would see a breakout to the upside by now, myself included. This could be a fake out re-test before a big move so I'm in watch n see mode holding a significant sum. If cracks 48 I would expect a massive sell-off to close the gap. Being a chart, it could breakout in 5 Minutes and all this could mean nothing. Still going to the pub at lunch so come what may.
Chart, page-7505
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