Holding 20MA strong. Looks like we at least test previous high of $185-187.
Hope this isnt the case, but looking similar to 2008 chart. 3 month chart watching for the macd to dead cross. Also see if it holds support at mid band.
Big $3 level broke down with ease. $1.93 support taken out. Next level to watch $1.12, then full retracement to .50 cents....
Looks like bulls couldn't hold $31 support level. Next are of interest held so far at $22. Below that could see $18 then single digits if that gives out.
Support levels on chart. So far broke down the $3640 support. Everyones level of interest will be $3,000 level next. Below that were looking at $1,900, $1300, $900.
Support ranges on chart for reference. So far held the $83 support but no major signal of reversal.
So far the cloud bottom at $2630 level is acting as support. If that level breaks down, $2600 is next level to watch at 100MA on weekly. Below $2600 next support is $2530, If that breaks down possible free fall into $2380. Noted all the bearish indicators on the chart, along with previous levels the dip was being bought at in July 2015 & January 2016. Doesn't...
STARTING TO LOOK A LITTLE WEAK. POSSIBLE BULL PENNANT BUT MACD DEAD CROSSED. BEARISH DIVERGENCE ON RSI. MAY PULL BACK TO $28 LEVELS
NEEDS TO HOLD THE .382 FIB LEVEL OR MAY WANT TO TEST $208-210 LEVELS