Let's have a look at TGOD .
Price dropped like a dead mouse before, but TGOD did create a nice bounce which I predicted in my previous TGOD TA.
Now the question is will it create another run, or will it drop to a lower low.
Looking at the chart and the indicators there is more reason for it to drop then to break out if i'm being really honest here. shows bears are in control, so does the Histogram. Price action should break above 3.71C$ in order to show that the bulls have taken over power. However, if the bulls can't maintain to support at 2.98C$, then we will see another drop to around 2.84C$ and if that doesn't hold, 2.45C$.
Let's see how this will playout on Monday. Really good news would enable the bulls to breakout, but without news, and with the sector falling, TGOD might see another drop sooner than expected.
Keep your eyes on the charts!
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