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Entered into a triangle somewhat
Forming a inverted head and shoulders
Constantly seeking support of the support line historically although down its broken down
It is now being supported by 50 EMA
Once the resistance of the old support line is broken it could be a bullish signal for more upward movement.
RSI is still below 50
Volume profile decreasing
Entered into a triangle somewhat
Forming a inverted head and shoulders
Constantly seeking support of the support line historically although down its broken down
It is now being supported by 50 EMA
Once the resistance of the old support line is broken it could be a bullish signal for more upward movement.
RSI is still below 50
Volume profile decreasing
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