damdaman

SCTY in horizontal support after long term trendline breakdown

NASDAQ:SCTY   None
0
After the long term trendline was broken, it didn't take long for SCTY to reach this support level. It looks like it might hold for now. The question is, will it hold and rally back to the trendline resistance, or will it break down in a few days and head towards filling an old gap at $38.50?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.