Two critical resistances which will act as new supports are labeled in green.
Critical Resistance Levels:
8750
7500
Buy Zone:
9000 -> 7600
Indicators to watch:
MACD / RSI: wait for these to reach lower levels as it did for A and C correction
Critical Resistance Levels:
8750
7500
Buy Zone:
9000 -> 7600
Indicators to watch:
MACD / RSI: wait for these to reach lower levels as it did for A and C correction
Kommentar:
Bottom found at 8000.
Must break 10.2-10.3k range in order to break DOWNWARDS channel.
Will take profit near that zone and re-buy in if it fails the breakout.
Must break 10.2-10.3k range in order to break DOWNWARDS channel.
Will take profit near that zone and re-buy in if it fails the breakout.
I have laddered in at 8500 support and will continue to do so if 7600 level is reached.
Currently expecting a double bottom at 8200 range.