So far lost ~70% from ATH.
RSI ~25 range (Oversold territory).
It has two scenario based on how fed/market plays.
Scenario 1 is bounce from ~150 otherwise bounce from ~117 range.
Both are strong support levels.
Once should be able to open poistion and avegrage down in case it goes to 117 range.
RSI ~25 range (Oversold territory).
It has two scenario based on how fed/market plays.
Scenario 1 is bounce from ~150 otherwise bounce from ~117 range.
Both are strong support levels.
Once should be able to open poistion and avegrage down in case it goes to 117 range.