Yeah it peaked on 23.5 resistance yesterday then declined to the day's low, so some more weakness during the beginning of the weak or so can't be entirely dismissed logically speaking.
Never know, it may find support off the high teens again for another attempt up there, being an outside-day weekly reversal bar & all. But it's not much to go on..
So how does it end the week?
With a side drift or a new leg?
The latter be fine..
News is the catalyst.
Until then, traders may muck around with it.
Me could be incorrect though (hopefully), so best wishes for break beyond the mid 20's next week.
GLTAP
PSY Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
