The calm before the storm.
DEC11:Today looks like a short covering day, once the short buy back is over this down leg will rotate to the upside and it can resume its uptrend.
Oversold and at the lower channel support line in a descending wedge pattern. I am looking for a rotation in the momentum indicators and a break above the 22.17 S/R level to enter long. Target at 24, Stop @20.50
Oversold and at the lower channel support line in a descending wedge pattern. I am looking for a rotation in the momentum indicators and a break above the 22.17 S/R level to enter long. Target at 24, Stop @20.50
