Price needs to retake the 200sma and Stay Over
Historical levels to keep you your Radar
Price under the 200sma on Daily and Weekly**
"IF" price breaks down into channel----mid Pivot is $1790, bottom of channel support =200sma
Pressure from News/Technicals still to the downside for now
Chinese beta/tech have been weak all month----todays price (New LOWS) confirms
Relative Strength vs Overall market long over 221.50 zone
news support picking up, nice progress for bulls----but one step at a time, needs to test trend line, break above, form a higher low that closes and holds
Price has returned to mid Bolli-----but Not Above it. Solid support from 50day and gap fill (couple days ago)