Waiting for the bounce of the support which is the red zone I have drawn there. if it goes pass the zone then I would wait and look for a short to its other support.
Yikes, it passed the zone. The next support is last year low ~$1.90?
Ruben_510
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@HHSPN, Yup Theres a chance it goes back down to the 1.90, but ill give 1-3 more trading days before shorting it. just to get a bit more of clear picture of what its tying to do
Ruben_510
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@HHSPN, Theres still a big chance its gonna bounce back up, because of the RSI and MACD are showing signs of oversold And theres a divergent Right now so Theres still some hope of it going up