If I was a betting man I would have an each way on this but it looks to me like we might see a retracement to test the center line before resuming the uptrend (down trend) sometime next year & similar to the Red circled area.
And contrary to the general feeling at the moment I believe that PSY is being accumulated by professionals & not sold by us lesser mortals.
That is not to say that they wont push it down further of course but I believe that there is more buying than selling.
If I was a betting man I would have an each way on this but it...
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