The recent parabolic run in price may have come to an end, as major technical weakness, reversal signals alarming for a potential top.
-A classic trend line break
-A classic head and shoulders reversal
-50-days SMA break
-Bearish momentum
-First Bollinger bands break since February
Add to that, the bubbly behavior of the shares in the past few months
twitter.com/thefxchannel
thefxchannel.com
-A classic trend line break
-A classic head and shoulders reversal
-50-days SMA break
-Bearish momentum
-First Bollinger bands break since February
Add to that, the bubbly behavior of the shares in the past few months
twitter.com/thefxchannel
thefxchannel.com
