The moving averages are coming down too fast.and all of them are pointing down ,
Exit to FiAT on this fellow as it appears to have more downtime ahead
Exit to FiAT on this fellow as it appears to have more downtime ahead
Comment:
These will be fast drops ...
Comment:
The moving averages look terrible . The Blue line is the MA200 it carries a lof of weight . We need him at least to be pointing up, but he is pointing down and he is also on TOP.(should be at the bottom). This means a fast fall down and lower,
we need the MA20 (the green line) to be at least pointing up or moving to the left .
But this fellow is pointing down and he is also on the bottom (should be at the top). which indicates a fall - a fast fall lower.
.....
we need the MA20 (the green line) to be at least pointing up or moving to the left .
But this fellow is pointing down and he is also on the bottom (should be at the top). which indicates a fall - a fast fall lower.
.....
Comment:
A temp bounce could occur around 170 - but it will be shorted lived as the destination appears to be downwards
