Price has formed a doji off of a key fib level on the daily timeframe.
I will be looking for cycles and an entry on a lower time frame.
Komen:
Also price bouncing off of preferred buying level from previous price action.
RSI is over sold and seems to be arching round and possible change in direction.
Price may possibly rally down to the 200MA and then reverse from there.
Penafian
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RSI is over sold and seems to be arching round and possible change in direction.
Price may possibly rally down to the 200MA and then reverse from there.