Currently waiting on TRST to break and hold 26 EMA on the Daily chart.
Volume is decreasing on the downtrend and running out of steam.
RSI is getting higher lows with lower lows on the candles.
I'm looking for volume to continue lower, and thinking the pink descending wedge will continue to play out further.
I'm going to put buy orders in at 6.51 and 6.02, though I will put a buy in if I see the 26 EMA broken before that.
Looks like the sell off will continue for the holidays and buying will commence in the new year.
Volume is decreasing on the downtrend and running out of steam.
RSI is getting higher lows with lower lows on the candles.
I'm looking for volume to continue lower, and thinking the pink descending wedge will continue to play out further.
I'm going to put buy orders in at 6.51 and 6.02, though I will put a buy in if I see the 26 EMA broken before that.
Looks like the sell off will continue for the holidays and buying will commence in the new year.