damdaman

SCTY in horizontal support after long term trendline breakdown

NASDAQ:SCTY   SOLARCITY CORP
82 1 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?
AYosof
2 years ago
Seems like not alot of volume... plus rsi coming down probably 38.50 as spx500 is going down too.
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