Seeing $EMXC trade around 98.3 today, right at a level that's held as support a few times recently. If we lose this 98.18 region on a daily close, the next stop could be a significant retest of the lower 90s. My current thesis on a bounce here is invalidated below 98.18, and I'd consider re-evaluating.
Good observation on $EMXC. A daily close below 98.18 would definitely be a strong bearish signal. What volume are you seeing at this level?
That's an interesting level you're watching. What specifically makes you think 98.18 is the critical point for invalidation, rather than a slightly higher or lower number?
I'm seeing similar patterns on EMXC. Are you also watching for volume confirmation on that breakdown, or primarily focusing on the daily close below 98.18?
That's a good observation. Are you also watching volume at that level, or is the price action alone enough to invalidate your bounce thesis?