Unlikely to take out it's 100 day EMA at first time of asking but as I have said we are in the distribution phase where large brokerage houses have stock to sell so will gyrate the market in a choppy fashion to entice " buy the dip" investors before the completely pull the rug from under them.
We got an intermediate turn on Fibboncci 55 weeks and Fibboncci 89 weeks comes in on 5th October from pre Covid high and Covid bottom a further four weeks extended.
I would be on alert for market crash during October early November.
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$1.88 |
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 100000 | 1.865 |
9 | 85564 | 1.860 |
1 | 40000 | 1.855 |
21 | 594561 | 1.850 |
Price($) | Vol. | No. |
---|---|---|
1.880 | 68338 | 6 |
1.885 | 68720 | 4 |
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