Is it just me or does is this chart starting to look tasty?
Price is at the bottom of the Bollinger Bands and will perhaps bounce off them. RSI is not far off being oversold and the MacD looking like it has peaked on the sell side!
The only thing that worries me is the supports, there is a big drop after 1.50.
Everything is pointing to a bounce of some kind!
Anyone else have thoughts on this?
Bruski.
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