- Stock had tested its 50% retracement [ 127.2 ]of its previous rally from 65 to 188.
- There was also a head and shoulder pattern which completes at 125.
- Stock has support at 121 , 119, 112, 100, 92, 90.
- Stock is trading under 200 day moving average standing at 156.
- Stock is also trading under 200 day EMA standing at 152.
- Volume is expanding with the price decline.
No comments:
Post a Comment