High chance 25.40 would not be able to hold and likely to slide down towards 24.00 and below !
Pls dyodd.
15th May 2019
Chart wise , looks bearish!
After going ex-dividend of 60 & 30 cents the price has been corrected more than it's dividend and close lower at 26.29 from the high of 28.64 .
The current price is staying below it's SMA lines and MACd is still trending downward ,the price may likely continue to trend lower.
If the recent low of 25.40 cannot hold up well then it may continue to go down to retest 24.75 with extension to 23.86 level.
Not a call to buy or sell.
Pls dyodd.
After going ex-dividend of 60 & 30 cents the price has been corrected more than it's dividend and close lower at 26.29 from the high of 28.64 .
The current price is staying below it's SMA lines and MACd is still trending downward ,the price may likely continue to trend lower.
If the recent low of 25.40 cannot hold up well then it may continue to go down to retest 24.75 with extension to 23.86 level.
Not a call to buy or sell.
Pls dyodd.
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