At resistance again.. im just posting the RSI now because channel lines are useless here and the only thing that has been consistent is the rejections which ive pointed in red arrows with the dates and percentage drop after rejection. As you can see the drops are becoming less in amount but more frequently. this next drop should be at least 2% if it bounces of green trendline support, more if support gives ways.
Also would like to point out that todays candlestick is completely outside the BBands which adds weight to an immediate pull back which either starts tomorrow or first day of sept.
I wouldnt be surprise if they dump it premarket then buy it up with a hangman candlestick to close
Also would like to point out that todays candlestick is completely outside the BBands which adds weight to an immediate pull back which either starts tomorrow or first day of sept.
I wouldnt be surprise if they dump it premarket then buy it up with a hangman candlestick to close
