Broken through support and will probably close below it at this point.
Massive sell-off.
Bears are still in control but what if 50.00 is a good support? Is this a false breakout?
I'll look for selling opportunities as it retraces to 50.00 or 54.00 but I'd need to see a good reason to keep selling when it looks like this trend is running starting to slow down.
Massive sell-off.
Bears are still in control but what if 50.00 is a good support? Is this a false breakout?
I'll look for selling opportunities as it retraces to 50.00 or 54.00 but I'd need to see a good reason to keep selling when it looks like this trend is running starting to slow down.