Link 8hr rising wedge

Time to be careful - the rising wedge appears to have broken to the downside with the previous 8hr candle closing under the support trend line. Rising wedges tend to return price action from where started, in this case $8.50

Commentaire:

Perfect breakout, the next 20-days are likely to be upsetting for the bulls.

Commentaire:

Price action now quickly becoming oversold. However one should not expect any meaningful gain until a consolidation period has come to pass. For the time being, price action shall likely continue its downward trajectory until September at the earliest.

Commentaire:

Price action needs to stay above $14.10 at close today before the head & shoulders pattern below is confirmed.

$7.30 is the target should confirmation occur.

Commentaire:

Spectacular - oscillators suggest there's a few more days of this to go.

Commentaire:

$8 dollars next target. MFI support just become resistance.

Commentaire:

Boom - $8 reached.

$2.60 next target.

Trade fermée manuellement:

No more short to had here. Charts looking very bullish all of a sudden.