Few possibilities here....but no clear direction.
Not shown here, but daily seems to suggest a support at $27, Stochs o/s
Tempting to take a trade from here to $35..... But in no evidence
Just a hunch.....usually get killed....So better don't
Prices could follow the trend channel down to $20 as well
But not sure.....
No evidence .....stay out....wait for market to show hand
When should I come back to take a look ?
End of next week ?.....
prices are triangulated though, albeit on the monthly chart....means 30 days....720 hours....
ReplyDelete4 week ends....4 sundays....
patience !