...forming on the daily suggest we could be seeing a trend reversal incoming. Divergence being between price action and the RSI and MFI. First test will be the 9 day SMA. Then the red trend line of the Bollinger bands, which currently happens to be close to a dollar, an important psychological support level . Lastly will be the 180 day SMA if, it breaks prior mention support levels.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.