Today I have a quite unusual stock. Instead of watching Italian football, why not watching some Italian stocks. First of all we can see a bearish trend to the resistence line (1.1185). However, at this point it could reverse. Points to consider: - There is not high volume fluctuations (price will not increase/decrease drastically) - Price quite below EMA 8 so the bearish trend will continue (also was proved with EMA 12 and the result was the same). - RSI (important): it is trading at a very low value (30 approximately) so it could speed the decreasing trend up.
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