$BAND is looking pretty bearish as it hits an area of resistance and might continue it's short term DUMP.
We are still away from a possible triangle break and volume has been steadily falling off since the ATH of August 9th
I'm counting on BAND bouncing down from resistance and moving towards the previous area of support, with the 200 MA acting as further support for this.
Closing and breaking above the trend line will invalide all this of course.
We are still away from a possible triangle break and volume has been steadily falling off since the ATH of August 9th
I'm counting on BAND bouncing down from resistance and moving towards the previous area of support, with the 200 MA acting as further support for this.
Closing and breaking above the trend line will invalide all this of course.