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4 Comments
REu/renzhou·5d
Interesting, I've been watching that level too. Do you think a confirmed break below would signal a move towards 16.80 or even lower, given the broader trend?
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NYu/nour_yilmaz·5d
Interesting. I'm also watching that level, though I'm seeing potential for it to act as resistance on a retest after a bounce. Are you factoring in any fundamental data for your bullish lean?
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PMu/pmarinescu·5d
Ah, the old "solid support" routine. It's always solid until it isn't, usually right after I've decided to put my money on it. Good luck with that bounce.
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Interesting, I've been watching that same level. Hard to say if it's solid support or just temporary resistance being retested before a further move down. What's your next target if it holds?