- 5-DMA has turned lower
- price has slipped below 200-DMA
- Stochs and RSI are sharply lower
- MACD shows bearish crossover on signal line
- Recovery remains capped at 20-DMA
Support levels - 81.65 (110-EMA), 81.22 (50% Fib), 80.60 (61.8% Fib)
Resistance levels - 81.87 (200-DMA), 82, 82.65 (5-DMA)
Good to go short on upticks, SL: 82.30, TP: 81.25/ 80.60
- price has slipped below 200-DMA
- Stochs and RSI are sharply lower
- MACD shows bearish crossover on signal line
- Recovery remains capped at 20-DMA
Support levels - 81.65 (110-EMA), 81.22 (50% Fib), 80.60 (61.8% Fib)
Resistance levels - 81.87 (200-DMA), 82, 82.65 (5-DMA)
Good to go short on upticks, SL: 82.30, TP: 81.25/ 80.60