Salt has been below $3 for a while since it's ATH of over $20. Salt is a longterm hold. If it breaks more below and stay below the cloud, we can see it testing around $2.20 again.
Some things to watch out for:
- Below cloud
- Testing .5 Fib and trend
- Watch for the descending triangle
-- possible bounce or breakdown
- Vol is picking up
$DYOR and Happy Trading
no chart analysis needed.
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