Looks badBroke down out of triangle on 2/27. Downhill ever since. MACD curling down. Break of 2.48 at close is a short again
SCYX trade ideas
Downtrend ConfirmedTested 200MA to fill gap down and it failed. Filled gap perfectly. Has broken out of bearish triangle.
SCYX GOING TO BREAK THIS EXPANDING STRUCTURE?SCYX has broken a long term descending trendline. Now it is trading in an expanding structure. I'm expecting a pullback from the top of this structure with a good chance to break to the upside.
