Sorry I couldn't resist the title.
Purely speculation that we might get a little upward movement back to the previous support line within the current downward channel.... Or I'm completely wrong and it's heading down to $14.
Both the Daily and Weekly RSI are in the oversold territory...
Purely speculation that we might get a little upward movement back to the previous support line within the current downward channel.... Or I'm completely wrong and it's heading down to $14.
Both the Daily and Weekly RSI are in the oversold territory...
Comment:
Nice to have called the bottom on this - doubled from where I posted. Way off on the downward channel continuing though. but at least that support resistance line definitely played a part in it's sideways action.