Idea: Testing a strategy using the relationship of related time frames for measuring retracement high. I am expecting the retrace to have reached its maximum price limit and price to return to the short trend at 35.13.
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Bearish spike candles (candles with long upper shadows) coupled with bearish RSI suggests the share price is likely to test the trend line support is seen around 4400 levels.
Only a daily close above 4817 (April 27) would revive the bullish view.