it has dropped about 17% from its peak and currently there are 2 support level to watch.
It could rebound from here so I like to buy some shares but if it falls further to the 2nd level, then I will add some more. The important thing is it must stay above the bullish trend line.
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notice the last 3 consecutive days red candles ? These are bearish candles which means the price is likely to revisit the next support at 29.98. So, no hurry to average down....
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we are now at critical support level - the price action is sitting on the bullish trend. It might breaks down a little to weed off the weak buyers before rebounding or a possible further deterioration to the next support at 29.24 level
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nibble some as it has fallen below the 30 dollar mark...this is for long term investment, dividends accumulation
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Praise Lord
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expect it to retrace to 32.83 before adding more
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added more
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Praise God
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could we see this stock hit 37 by year end? Anything is possible....
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5th time - it has meet its resistance level at current price.