Observation
1) Trend Line - Broke the Uptrend line at 2.65 and close at 2.59. Monday will be a decision point whether this counter will rebound or continue to downtrend because heavily supported by support line and by 20d ma at 2.58
2) HH - Still above the previous higher low 2.5
3) MACD - Bearish and waiting for 4R1G for reversal point
4) RSI - Broke the 70% line and bearish
5) ADX - At high momentum and bearish
Conclusion
Entry Price = 2.7 ( Above uptrend line)
Stop loss = 2.5 ( Previous Higher Low)
Take Profit = 2.96 (R1) and 3.2 (R2)
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