Currently it feels we may see slightly lower levels before we will resume upwards.
The convergence line is above the base line, and we go good cloud support $23.40.
Instead of shorting, I feel we look for a level to buy, and I suggest $ 23.50-23.60 area and place stop-loss $ 22.50 for now. The profit objective (and it may take some time) is set at $ 24.87 for now.
The convergence line is above the base line, and we go good cloud support $23.40.
Instead of shorting, I feel we look for a level to buy, and I suggest $ 23.50-23.60 area and place stop-loss $ 22.50 for now. The profit objective (and it may take some time) is set at $ 24.87 for now.