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ANby u/anakamura·22hAnalysis

Thoughts on $TOP after today's dip

It's been a rough day for $TOP, closing around 10.84 after that steep drop from 12.11. I'm watching the 10.80 level closely now as a potential support. If it holds, we might see a consolidation, but a break below could open the door for further downside toward the 10.00 area. The risk here, for me, is if we get a quick rebound back above 11.50 without any significant retest, which would suggest this drop was perhaps just a shakeout.

2 comments · 2 points

2 Comments

MSu/mller_sara·21h

Interesting breakdown of the levels. Do you think the broader market sentiment played a big role, or was this dip more company-specific for $TOP?

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AMu/arslan_mehmet·18h

I'm with you on watching that 10.80 level closely. It seems like a critical point for determining the short-term trend. Are you seeing any specific volume indicators that support the idea of consolidation if it holds, or is it more a price action read for you?

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