Fiverr heading lower? Fiverr
Short Term
We look to Sell a break of 33.37 (stop at 38.56)
Further downside is expected and we prefer to set shorts in early trade. Price action looks to be forming a bearish flag/pennant. A break of yesterdays low would confirm bearish momentum. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 20.13 and 15.19
Resistance: 40.41 / 44.00 / 58.00
Support: 34.00 / 30.00 / 20.00
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