Mighty Nifty - May 7

Price was unable to sustain day's high and fall down nicely. Will the fall continue or price will move up?

Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22520.
Stop Loss : 22480.
Targets : 22560, 22600 and 22640.

Sell below : 22440.
Stop Loss : 22480.
Targets : 22400, 22360 and 22320.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.

Kommentar:

Testing support.

Kommentar:

Testing day's low.