Price action shows formation of ascending triangle and its attempting to complete a Higher Low inside the pattern. Volume is reducing in the pullback - good sign. We expect the price to continue down before a reversal. We can wait at 38.2% Fibo (and confirm with reversal chart pattern) for long entry.
Speed: Fast with 258M shares float (31% of 834M shares)
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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.