THE started dropping from the flip area acting as resistance around $1.71 - $1.76 and broke the trendline too. The local support is at $1.71 and might have a bounce though it. Overall, momentum is bearish, so buys can be avoided and wait for support or shift in market structure.
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Here's the Analysis of THE :
THE started dropping from the flip area acting as resistance around $1.71 - $1.76 and broke the trendline too. The local support is at $1.71 and might have a bounce though it. Overall, momentum is bearish, so buys can be avoided and wait for support or shift in market structure.
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