any idea what price will be a good re entry point? THanks
simplenothing
⋅
@InderPratapSingh, Hopefully the lower end of that channel holds, so maybe under 47? Thats also the 8ema on the weekly chart -- so I really hope it does hold. If if falls below that, then I would be concerned the trend is changing. Just my 2 cents.
InderPratapSingh
⋅
@simplenothing, Thanks. I think its holding the 48-50 range pretty well. few days more in the range and we might see a big move in either direction
simplenothing
⋅
@InderPratapSingh, yes, i agree. if it holds that level, i'm in favor a good move higher. I do like uber better though.
InderPratapSingh
⋅
@simplenothing, it skimmed the channel and stood firm in its existing channel. Do you think something fishy is going on?