Please let me know what you think. You may make a bit of money playing the down turn bounces at intermediate levels of support. Just my opinion. Not financial advice.
The 30 minute chart MACD is indicating a reversal is coming. The same could be said about the Stochastic RSI. I identified a triangle pattern that also seems to indicate a reversal to about 6575, considering fib .68. I also want to mention that I looked at the short interest and it supports my view. For how penetrating the reversal will be, I am not sure about it...
On the up trend. Not sure for how long. Could be short uptrend. Nevertheless, the signals show it is on the uptrend. Good opportunity to make 10% gain. please let me know what you think. Thanks.
