This stock has been showing so much promise but there seems to be no impact on its ability to head higher . The last few weeks it has been attempting to tread to a new high only to meet with supplies. AFter forming a Type 2 negative divergence the prices are swiftly heading lower. Now with the breach of the support trendline we could be looking at some selling interest stepping into the counter. One should look to sell this counter in the coming days.
Charts had already indicated way back in Spetember when I had posted some troubled times. The closing of 321 seen yesterday could now witness a gap down today. TA is always ahead of the news. :)