Improving bearish trend according to our proprietary technical scoring methodology over the last couple of days.
Lower highs confirming an overall bearish bias.
Bearish crossover on its 8-day simple moving average. First of such a signal in the last 7 days.
Bearish crossover on its 13-day simple moving average. First of such a signal in the last 25 days.
Bearish Heikin-Ashi trend change.
200-day simple moving average acting as major resistance.
Bearish MACD crossover
Time to exit: +/- 12 September 2019