Still looking fine. We're bang on the 200MA - although its dipped through this before, and we've got a bit more room till we're at the bottom of the channel. It's also right on the point of support with a previous high, so we've got that going for us.
It'll go one of two ways, bounce of this point and grind back upwards (looking oversold so that's a bonus), or violently break down and all hell breaks loose.
If you believe in the company top up as it's over sold. If you believe macro conditions are getting on top of it then be mindful of what could come.
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Still looking fine. We're bang on the 200MA - although its...
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