Short
Bearish technicals. Trend strength is dissipating rapidly.
Key factors here for BBXS are the following;
1) Price appears to be uptrending, but this trend is weak and likely to reverse here.
2) Price is stalling at a key resistance area.
3) The ADX has plumetted dramatically, indicating that the strength of the trend is very weak / non existent.
4) RSI is in the middle of the road which essentially means our timing is reasonable.
5) Volume is drying up which may indicate buyers are uninterested and sellers are complacent.
1) Price appears to be uptrending, but this trend is weak and likely to reverse here.
2) Price is stalling at a key resistance area.
3) The ADX has plumetted dramatically, indicating that the strength of the trend is very weak / non existent.
4) RSI is in the middle of the road which essentially means our timing is reasonable.
5) Volume is drying up which may indicate buyers are uninterested and sellers are complacent.
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