Hi folks,
Chart below shows a recent downward breach of the 200EMA, followed by a denied upward cross. MACD and RSI trending south again, which means the 50EMA could breach the 200EMA signalling the commencement of a bearish trend. From there it could run down towards the last major support line at around $2.00.
Thoughts?
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Hi folks,Chart below shows a recent downward breach of the...
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3 | 702 | 4.220 |
2 | 2639 | 4.210 |
Price($) | Vol. | No. |
---|---|---|
4.270 | 497 | 7 |
4.280 | 4829 | 4 |
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