descending channel, respecting established levels amazingly well...
if 46.93 is lost as support, a bigger move down is possible and could be a great short opportunity
recently bounced down from 20sma, which is not bullish
MACD relatively low, SRSI death cross printed, RSI could go pretty much anywhere from this position...
So I guess we should pay attention to that support level and on that resistance trendline of descending channel.
Anyway, can't go up while at least break up from that 20sma (blue line).
Good luck traders

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