50DMA Failed to hold but still there is room to retest it

3 de mar. de 2016

Citron has its impact on the price but also well watched 50DMA failed to hold that resistance now is crucial for bulls to prove it can close above it and head next major battle before they give up at and around $231. We prefer shorting at $195 area if next push tries to reclaimed that level. Trade less n save more.