1. Broke out of the downstrend since Oct.6th. (Orange line)
2. 200 MA has been a resistance level, marking the top on Oct. 23rd. Today the test of 200MA seems to have failed -- see the increased volume drop in the last trading hours.
3. Going forward, expect price to retest the green line, around $64(-1.36% downside), and rebound. If SPG manages to keep the current uptrend and break through the 200MA, next resistance is at 67.69(4.17% upside)
Good luck trading!
2. 200 MA has been a resistance level, marking the top on Oct. 23rd. Today the test of 200MA seems to have failed -- see the increased volume drop in the last trading hours.
3. Going forward, expect price to retest the green line, around $64(-1.36% downside), and rebound. If SPG manages to keep the current uptrend and break through the 200MA, next resistance is at 67.69(4.17% upside)
Good luck trading!
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.