Xone hitting previous support resistances hence the support level now? hoping for a bounce else could go to lower 30's
DDD @ a very well defined support level here with a lower channel hit. In most likelyhood a bounce from here if the market doesn't sell off too hard.
Breaking out below 6.25 could bring this down all the way to 4's but a breakout of a upper channel or a reversal is due to happen. Breaking 6.5 could set this up in the bullish direction.
Continuation in the channel and a breakout over previous resistances possible or a reverse downtrend could begin from here.
Could continue accumulation in the channel shown , and a breakout over the previous resistances possible in 7-10 trading days.
Hitting upper level of the channel, previous level of resistance just above it. Could go down and follow the path to the lower line of the channel else a breakout to 74-76 range.
Previous support level being tested here, as well as the lower channel being hit. Price could definitely move higher to approach the upper level of the channel