1. Approaching weekly demand zone 2. May try to reclaim 200MA cluster 3. Volume climax 4. Approaching previous support level 5. RSI oversold on multiple time frames 6. Wait for a reaction from the demand zone
Conclusion: We may see a relief rally in the coming week. The idea seems to be too ambitious at the moment. Wait for a reaction from the demand zone.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.