We just exited twist on senkou span on the daily chart, heading to the next critical zone 308-304 point, we are looking forward bounce, but if it breaks, it may continue to drop.
Successfully hit last support/key zone 304. ELSA retracing after key resistance point on 330, In this ranging market we expect to take profit partly on a key resistance point and buy at last key support point.
My bias is semi-neutral bullish.
We expect the PANI trend to continue to bearish until the next support. Unless it breaks the trend, it's better to exit and wait until the market maker steps in and changes the direction. Then we continue to follow the trend. You can decide to buy on support level, until then don't try to catch the falling knife.
Support 905
Next support 695
Trend still bullish, but be aware with the upcoming stock split. I expect there will be correction post stock split, but depends on how buyer still keeping their interest into market
