The EMA 200 has turned from support into resistance.
We are able to put a very close located stop.
Earning report level resistance.
Momentum is negative.
Trend line support.
The level of complete correction.
On this level to open a long position.
I see the end of a wave A.
The movement may continue in the blue trend.
Head and shoulders target realized.
Looks like a corrective wave.
I predict a sideways trend.
Full day below the black line of support and you can open a short position.
My verdict is- that the sideway trend. To say the least.
The trend line broken.
Trend line resistance.
EMA 50 presses down.
Judging by the accuracy of bounces, a little below EMA 50.