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Last post: May 30th. See chart.
Review: Price was faced with a support zone that included the weekly 200sma.
Update: Price has still not broken through the support zone but is now at resistance where the bears could come back in again.
Conclusion: Still standing aside until momentum to the downside resumes.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price was faced with a support zone that included the weekly 200sma.
Update: Price has still not broken through the support zone but is now at resistance where the bears could come back in again.
Conclusion: Still standing aside until momentum to the downside resumes.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
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