Just technical observation of simple pattern (Inverted Head and Shoulders) in combination with some basic indicators such as:
1. 100 moving average (weekly) - we can see that we found support at 21 Weekly and now possibly retesting at left shoulder on the 100 MA(W)
2. RSI inverted head and shoulders formed on Weekly
3. Volume in relatively low, average in sell and buy all the way from the ATH. No spikes in volume.
1. 100 moving average (weekly) - we can see that we found support at 21 Weekly and now possibly retesting at left shoulder on the 100 MA(W)
2. RSI inverted head and shoulders formed on Weekly
3. Volume in relatively low, average in sell and buy all the way from the ATH. No spikes in volume.
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