ThingumyBob

Opportunity for break of bearish trend.

Long
NASDAQ:NCTY   The9 Limited - American Depository Shares
Above based purely on chart analysis

Clear barrier at $0.73. Next week, watch for support or break of this line.

BREAK - Bears now back in control and likely to fall below $0.70 to a new low for the past 7 days and then establish a new support.

SUPPORT - if Bulls can keep above the $0.70 into Tuesday then price will likely move onto the next stepping stone around $0.85.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.