MACD is signalling a reversal
Long term falling wedge is in play here.
5k is absolutely possible late march - mid April.
Look for reactions to the support lines to determine your next move.
Fallings wedges generally indicate the bears are growing tired. We will see a very strong reversal on the break of this channel.
A break out may occur around 28th Jan - 18th Feb.
Long term falling wedge is in play here.
5k is absolutely possible late march - mid April.
Look for reactions to the support lines to determine your next move.
Fallings wedges generally indicate the bears are growing tired. We will see a very strong reversal on the break of this channel.
A break out may occur around 28th Jan - 18th Feb.