The main trend is down, a trade through $52.00 will signal a resumption of the downtrend. The next major downside target is the December main bottom at $42.50. We still belive that there could be a window of time for a potentially bullish closing price reversal bottom.
IMPORTANT:
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
Always make your analysis of your own before your trade.
If you find useful my analysis, please hit the LIKE button and follow me.
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
Always make your analysis of your own before your trade.
If you find useful my analysis, please hit the LIKE button and follow me.