The stock is battling here with the overhead resistance of the major downtrend and 200 day moving average.
RSI turning down from overbought.
Initiating a short here at R264-269 to target R250 initially. A daily close above R274 negates the idea.
RSI turning down from overbought.
Initiating a short here at R264-269 to target R250 initially. A daily close above R274 negates the idea.
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Disclaimer
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.