1
EMby u/eva_m·2hAnalysis

COMP — watching the 11.80-11.90 support

It's been a rough day for $COMP, dropping to retest that 11.80-11.90 zone again. This level has held a couple times before, so I'm watching to see if buyers step in here once more. If we get a clear break and sustained close below 11.80, especially with any follow-through, then the short-term picture looks pretty weak to me; that would invalidate the current mini-range I'm observing and likely open up deeper targets. Not making any calls, just noting the levels.

1 comments · 1 points

1 Comments

NAu/naledi38·2h

I'm seeing similar price action and my charts align with that 11.80 area being a key zone. Are you seeing any particular volume divergences that might offer an early clue on whether it will hold this time around?

1

More like this