Downtrend Continues but Still in Key Levels
It has broken support and continues on a downtrend.
Watch for:
*Volatility to stay within range of the lower band.
*Deviance in the future from the lower band.
*Support from the $2.35 levels from July 2012.
(Thesis: If the large investors saw good value as
they did back in 2012, then they should be buying,
else we have no demand and price continues to fall)
Watch for:
*Volatility to stay within range of the lower band.
*Deviance in the future from the lower band.
*Support from the $2.35 levels from July 2012.
(Thesis: If the large investors saw good value as
they did back in 2012, then they should be buying,
else we have no demand and price continues to fall)
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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.
Related publications
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.