PEPPEP 1/12/21 1D Time Frame
Price action could go down a little more with pivot point around the 200ema & channel bottom area. Key supports are 200ema & channel bottom. Stop loss just below channel bottom. MACD indicates bearish momentum.
Disclaimer
I do not know how the market will move tomorrow. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice and recommendation. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.