/biz/ - Business & Finance

>>52677639
This is the immediate term chart and not the weekly. Forgot to go over immediate.

So Tradingview isn't letting me add text at the moment so Red line is 18 day average = bullish bearish sentiment indicator.

Purple = 50 day MA = bullish bearish confdirmation indicator.

Yellow = 200 day ma. VEry strong resistance/support

Green = 100 = soft resistance/support

So you are under the 18 and currently butting up against the 100. I would say that this chart is immediately short term bearish. but bullish on the longer picture. I would assume from looking at this chart that some kind of low or bottom is being put in before a move up based on the wedge consolidation pattern and the breakout line. I'd say with this one keep an eye out over the next week or two or three for good adding posistions. My buy target would be 12.16 and below.