Formed an Inverse Head & Shoulders. Currently retracing. Should bounce back with higher volumes.
Additionally, showing support at .618 retracement of impulse wave 1.
Side note, quarterly results to be released on October, 25th.
Additionally, showing support at .618 retracement of impulse wave 1.
Side note, quarterly results to be released on October, 25th.
تعليق:
Has hit retracement of .382 of current upward trend. However based on volumes, candles, MACD and other indicators, further downside is possible.