Potential Downward Trend for GJ with Support at 188.486
Hi there,
GJ appears to be in the downtrend from the high and resistance of 190.131, headed toward the 188.486 level to the 188 area range. If the price continues bearish in this area range, then there'll be a chance for the price to further drop to the 187 trend line for a bias of 184.154.
If the price turns and breaks the 190.131 resistance then the setup will be invalid.
Happy Trading
K.
GJ appears to be in the downtrend from the high and resistance of 190.131, headed toward the 188.486 level to the 188 area range. If the price continues bearish in this area range, then there'll be a chance for the price to further drop to the 187 trend line for a bias of 184.154.
If the price turns and breaks the 190.131 resistance then the setup will be invalid.
Happy Trading
K.
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