Likely to go further down to retest 24.02/24.00. Failure to hold at this level would likely see the price sliding down further towards 23.50 then 23.00.
Pls dyodd.
30th September 2019
Chart wise, looks bearish!
The past 2 days were merely a throw back reaction when a stocks counter was on a downtrend direction.
I think likely to go down to retest $24.63 again!
Breaking down it will likely revisit 24.30 then 24.00 and below.
The volume for past 2 days wasn't high at all.
Not a call to buy or sell.
Pls dyodd.
21th September 2019
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
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