eCash | XEC is going against the grain, possible short!?
eCash | XEC is going against the grain, possible short!?
XEC is a weird one and a little risky as its going against the general market but it seems to be sharing a lot of bearish signals with a key break out of the pattern and bearish divergence
| Bearish Signal
| Break down from pattern
| Rejected from 20 Daily EMA
| Filled Weekly Pivot and rejected
| Last Key Support
| Bearish Divergence & Rejection from Resistance
| Break down on CVD
| Key Support is still in play so be careful
XEC is a weird one and a little risky as its going against the general market but it seems to be sharing a lot of bearish signals with a key break out of the pattern and bearish divergence
| Bearish Signal
| Break down from pattern
| Rejected from 20 Daily EMA
| Filled Weekly Pivot and rejected
| Last Key Support
| Bearish Divergence & Rejection from Resistance
| Break down on CVD
| Key Support is still in play so be careful
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