We may derive the following from the Weekly SBK chart:
1. Price is trading below our major weekly support.
2. A close below may signal further downside.
3. It is however, late to sell. Wait for an opportunity to present itself first - such as a retracement.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price is trading below our major weekly support.
2. A close below may signal further downside.
3. It is however, late to sell. Wait for an opportunity to present itself first - such as a retracement.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.