TA wise , bearish mode!
Likely to see further selling down pressure!
The current price of 73.58 is trading below the EMA 50 & 200, looks rather negative!
Short term wise, it may go down to retest the pivot low of $61.91. Breaking down of this level plus high volume that may likely drive the price lower towards 44 level.
If you are doing trading, it would be good to stick to your trading plan.
Protecting of capital loses is ultra important!
Not a call to buy or sell.
Pls dyodd.
Looks like it is snowing now! Bearish mode after hitting the high of $400+, the price has been corrected quite a bit to close at $259.54, looks rather negative!
Likely to see further selling down pressure!
The price is staying below the Moving Averages which is a sign of weakness and May trend lower!
Short term wise, I think tech sector may continue to see further selling down pressure and it might be good to wait for it to normalize!
The share price may go down to retest the recent low of $242.00. A breaking down coupled with high volume that may drive the price lower towards 235.
Not a call to buy or sell.
Pls dyodd.
Chart wise, looks bearish!
Likely to see further selling down pressure!
Short term wise, I think likely to breakdown the recent low of $1.21. Sliding down of $1.21 plus high volume that may likely drive the price lower towards $1.10 then $1.00.
Not a call to buy or sell.
Pls dyodd.
Chart wise, it has turned into bearish mode!
Likely to see further selling down pressure!
Short term wise, I think it may go further down to retest 2.70/2.68 if 2.75 support is not able to hold up!
Next support after 2.68 would be $2.60.
Not a call to buy or sell.
Pls dyodd.
TA wise, bearish mode!
Likely to see further selling down pressure!
Short term wise, I think likely to move down to retest 2.00 then 1.98 with further extension to 1.90.
Not a call to buy or sell.
Pls dyodd.
