It looks like support was found at the .694 level which was acted as support and resistance over the last year. MACD crossed and the RSI is very over sold at 37.4
Friday's candle tested two fibonacci levels to close above the .23 level.
I'd like to see a close above .78 fib level to confirm an up trend.
Target: .83, .92, $1 in the short term.
Friday's candle tested two fibonacci levels to close above the .23 level.
I'd like to see a close above .78 fib level to confirm an up trend.
Target: .83, .92, $1 in the short term.