Last post: May 15th. See chart.
Review: Price was struggling to break through the £10.00 round number.
Update: Price is still struggling at this psychological level.
Conclusion: Price remains above the Daily 50 & 200 simple moving averages so we can still wait for long opportunities but a break of the support level and price may move further down and towards the 50 simple moving average.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Review: Price was struggling to break through the £10.00 round number.
Update: Price is still struggling at this psychological level.
Conclusion: Price remains above the Daily 50 & 200 simple moving averages so we can still wait for long opportunities but a break of the support level and price may move further down and towards the 50 simple moving average.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading