Thelord : Nope, it retested 58.2 previous low at day open and failed. Likely will be red whole day. How low it can go is anyone’s guess.
ICHIBAWA TM : gone case... $50 resistance now lor
Thelord : The reason it can stay at 53+ for so long is because it coincided with the lower bollinger band. IMO, It will also be rejected at the level eventually and continue to laosai
Thelord : Nope, it retested 58.2 previous low at day open and failed. Likely will be red whole day. How low it can go is anyone’s guess.
ICHIBAWA TM : gone case... $50 resistance now lor
Thelord : The reason it can stay at 53+ for so long is because it coincided with the lower bollinger band. IMO, It will also be rejected at the level eventually and continue to laosai