- Price staying below 200 Day SMA will be negative for the stock.
- Weekly chart shows price breaking below the crucial rising support line from 8.81 levels. Next crucial support in chart is 14.3 level. Fib level shows 38.2% at 14.51.
- Up moves from here may find it hard to cross 200 Day SMA.
- SILVER Ascending triangle
$F hitting the 50sma on the weekly...could be a small bounce at least back to the 200sma on the daily or a bit higher
ReplyDeletecould see small gap on daily getting filled which would be a retest of the trendline
ReplyDelete