Another possible short coming up.
Keeping my eyes on it. Broke the 200 day EMA and have been unable to reclaim, being rejected at the 30 resistance twice now.
Currently sitting on our long term trendline and a major support, if we happen to break it and get rejected on a retest, I will be entering.
If you're looking to enter sooner, id recommend a stop loss just above 200 EMA.
Use caution though, market is volatile and we might be making a triple bottom on the support line...
Keeping my eyes on it. Broke the 200 day EMA and have been unable to reclaim, being rejected at the 30 resistance twice now.
Currently sitting on our long term trendline and a major support, if we happen to break it and get rejected on a retest, I will be entering.
If you're looking to enter sooner, id recommend a stop loss just above 200 EMA.
Use caution though, market is volatile and we might be making a triple bottom on the support line...
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