-POSSIBLE HEAD AND SHOULDERS REJECTION PATTERN WITH A TARGET OF 68$ - RIGHT ON SUPPORT
-REJECTION CANDLE FROM 84$ WITH MULTIPLE PREVIOUS REJECTIONS FROM THE ZONE.
-INCREASING BEAR VOLUME ON RIGHT SHOULDER DOWNTURN - COULD BE UNDERLYING PRICE WEAKNESS?
RANGING INDICATORS:
-RSI SHOWS EARLY SIGNS OF REJECTION OF 49 LEVEL
-STOCHASTIC POSSIBLE CROSSING OF %K OVER %D IN REACTION TO 47 LEVEL
CONCERNS:
-LONG WICKS AT THE BOTTOM OF CANDLES OF 01 & 02 APRIL - BUYING OF A DIP?
-REJECTION CANDLE FROM 84$ WITH MULTIPLE PREVIOUS REJECTIONS FROM THE ZONE.
-INCREASING BEAR VOLUME ON RIGHT SHOULDER DOWNTURN - COULD BE UNDERLYING PRICE WEAKNESS?
RANGING INDICATORS:
-RSI SHOWS EARLY SIGNS OF REJECTION OF 49 LEVEL
-STOCHASTIC POSSIBLE CROSSING OF %K OVER %D IN REACTION TO 47 LEVEL
CONCERNS:
-LONG WICKS AT THE BOTTOM OF CANDLES OF 01 & 02 APRIL - BUYING OF A DIP?