This may not work, because the 200 week SMA seems like the best support in this scenario...
HOWEVER, we have massive bullish divergence on the MACD, the RSI is oversold and also starting to diverge, were at a reasonable support, and the rest of the market is rallying.
ALSO - cocoa futures and sugar may have topped, i think this helps here...
HOWEVER, we have massive bullish divergence on the MACD, the RSI is oversold and also starting to diverge, were at a reasonable support, and the rest of the market is rallying.
ALSO - cocoa futures and sugar may have topped, i think this helps here...
Comment:
Sold. its looking sketchy under support. will keep a close eye, i think this ones bottoms soon. still may be the bottom now but meh.
Comment:
Okay ill stop being a flip flop ill stay long. its rounding out rather than dumpu...
Comment:
Rebought today at the purple line... this is excessive, below the 200 week sma... worth another try.