MACD line below centreline (Weak Price Movement)

The support and resistance of CARIMIN are 0.57 and 0.695 respectively.
It is observed that the MACD line of CARIMIN is below the centreline indicating some degree of weakness in the price movement.

Resistance 2 : 0.695
Resistance 1 : 0.660
Resistance Breakout : 0.615, 0.625
Support 1 : 0.560
Support 2 : 0.435

Trade closed: target reached:

Aug 12 - Belt Hold Bearish, Dark Cloud Clover
Aug 11 - Three Outside Up

Trade active