Short term wise,likely to retest 15.7 cents . Breaking out of this level with good volume that may drive the price higher towards 16 then 17 with extension to 20 cents .
Not a call to buy or sell.
Pls dyodd.
19th September 2019
It has indeed broken down 24.63 level and close lower at 24.55, looks rather bearish!
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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