kaheasmus

kaheasmus

After recent downward movement and break through a strong support level, I anticipate further downward momentum. Especially with the MFI not yet in oversold territory. The 200 SMA could act as next support area and a suitable TP target. SL at or above last swing low.

kaheasmus

Looking at the last upswing, the 0.382 Fib level seemed to be an area of interest. I can see a possible retracement of current downswing at this level and have my buy limit at 144.54 in place.