My simple view for this counter. 3 drives formation found at sell zone which confluence with divergence using MACD.
Daily candle also show weakness - pattern hanging man.
Target sellers to push back price down until green zone before buy decision to be made.
Daily candle also show weakness - pattern hanging man.
Target sellers to push back price down until green zone before buy decision to be made.
Commentaire:
price move up until sell zone again and showing rejection. Possible double top here
Commentaire:
Price break sell zone. No trading active.