After breaking a strong bullish rally, the bears have managed to pull the price of the said stock below 0.786 fib retracement level.
Considering another strong bearish candlestick on an hourly chart, the prices are likely to fall below to the 0.618 level. A strong indication for short-selling.
Considering another strong bearish candlestick on an hourly chart, the prices are likely to fall below to the 0.618 level. A strong indication for short-selling.