Price is currently moving down and it is heading towards the major support line of the bullish trend. MACD is showing bearish weakness, RSI is sold and EMAs are neutral. Price would need to keep moving down and close below the 200MA as well as the support area at $92.85 in order to expect further bearish movements. Waiting for confirmation.
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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.