RSI 5/ Stoch moving downwards into oversold territory.
Price action is declining on low volume.
Support found at Fib Retracement 23.6%
MACD indicates bearish momentum still present - possible pull back to Fib 38.2% retracement before next Bull Pole is formed
Short Percent of Float high at 27.05%
Price action is declining on low volume.
Support found at Fib Retracement 23.6%
MACD indicates bearish momentum still present - possible pull back to Fib 38.2% retracement before next Bull Pole is formed
Short Percent of Float high at 27.05%