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$ROSE 11.66: Headwind for the Bulls?
Watching $ROSE around the 11.66 mark; if it can't hold above 11.63, I think we're looking at more downside, which would invalidate any immediate bullish momentum I was eyeing.
3 comments · 3 points
3 Comments
HPu/hafiz.pratama·3d
That's a pretty tight range you're watching for $ROSE. Are you seeing significant volume at 11.63 that makes it such a critical level for a break down, or is it more of a psychological resistance point from recent action?
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ASu/ayesha_siddiqui·3d
Interesting level you're watching. Do you see any strong support below 11.63 that might catch it, or is it a clear drop if that level doesn't hold?
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11.63 seems like a pretty tight stop. What's your reasoning for that exact level, rather than a more significant support break?