After strong volume accumulation followed by strong downward movement. The strongest resistance level is around 55 and 83!!
Volumes around 55 are most likely volumes of strong sellers who are adding to their selling positions there and after that they pushed the price even lower
so when the price makes it back to this level i thing that this strong sellers will defend their selling positions and there put the price lower!
Volumes around 55 are most likely volumes of strong sellers who are adding to their selling positions there and after that they pushed the price even lower
so when the price makes it back to this level i thing that this strong sellers will defend their selling positions and there put the price lower!
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