After a failed rally above the resistance at 32.96 we will most likely see another test in the coming hours. Currently it looks like Stock RSI is rolling over which is a bearish indicator. So If it is rejected again, which I believe it will be then we will look for support at the 50 EMA and possibly move sideways for a few more days. Failing there will lead to a retrace down to the top of the bear flag/Down trend channel to see if we can establish it as support. If the top of the flag fails as support then we are looking for support at the bottom of the flag followed by support at 29.54 and then 27.54.
(Please comment and leave advice for me as this is my first published chart, Thanks)
(Please comment and leave advice for me as this is my first published chart, Thanks)
