Price briefly pierced resistance, although, this was promptly rejected during the US regular session hours. Concerning indicators, the RSI uptrend appears to be broken to the downside- same with the ROC uptrend. Concurrently, the MACD just turned negative. My short-term price targets are $10.90 and then $10.50.
Note
The price has fought back more than I thought it would.. I think a retest of resistance is now in store.Disclaimer
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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.