2waytrading

Flag (Bearish)

BATS:SINA   None
0
Price hit our previous target price $54 and price stalled and drifted lower last few sessions. If price violates the rising support line, this will mark temporary price reversal. Today, price bounced from from 18-day exponential moving average , and it was encouraging. . Don't short as long as price is above 18-day ema but take your chance if it moves below $51.15 with target price $47.50

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.