Technician

AOL: Strong Signs Of Weakness

Short
BATS:AOL   None
3
An inside bar following the strong bullish week, in addition to a long legged doji on the monthly chart. Meanwhile MACD is providing long and short term bearish divergences as well. I expect the correction to extend further towards the main rising trend line for the bullish trend. The price may find initial support among 43.95-92.10 area, a dip below should confirm a retest of the trend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.