Range broke. So no range. Downgraded to neutral yesterday, so institutions are out of shares to feed us. Pennies away from daily MA21, super bearish close, so likely to see more downside. MA21 could provide a reasonable bounce, but only if she finds demand there. If not, the MA50 at $17 could be next.
Comment:
This seems reasonable. Would meet the 4 hourly MA50 at 1.618.
🅱🄰🆁🅺🆆🄾🆁🆃🅷