Looking at the charts there is a good chance of a reversal tomorrow. Nice bullish hammer forming with a close near the high for the day. However it requires confirmation by a white candlestick, a large gap up or a higher close on the next trading day.
The volume during the downward trend has been very light which in my mind just says that someone is taking a nice position here before letting it take the next leg up. Of course that is only my opinion!
Hoping for a good day and i'll be looking to top up at these prices.
Cheers Neil
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