Short
Needs to retrace
Matic is overbought RN. It has not established any good support, and I believe it will retrace back to around .987 before continuing its uptrend. Remember, it's just my opinion. Have a great day.
Note
Im not to sure this is valid anymore. We had a nice dip yesterday, but rebounded quickly. Im sticking to my idea for now, but wanted to mention this. Matic is a fighter. Guess we will se what happens. Im a buyer at .976.
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.
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.