Carepls plummeted on Aug and found support at Fibonacci 2.681, made successive breakout on downtrend line 1, however still hesitating on downtrend line 2. Our view on future bullish move is still weak since the price has broke below the uptrend line in red, followed by two consecutive days close below EMA 50. We would change our view to bullish when the price could make significant close above DTL2.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.