Tuesday, August 23, 2016 7:33:32 AM
With momentum indicators pointed south, I think it needs to test the 50DMA at 17.50 before continuing....also the 50% retrace and depending on timing,M the rising short-term trend line. It could bounce here, but it would have to be today to hold that volume band. May need a little more time to shake out the old holders.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
