As you can see the Stoch RSI is in oversold area, the Money Flow Index (MFI) looks like it's going up and the Coppock Curve is at a low momentum.All of these correlations don't mean that the price can't fall lower, but it can mean that there is soon room for growth from this low starting point. Interestingly we are at Fibonacci Time Zone 3 based on last Summer's uptrend which started at $63.
I will watch which direction we take from here. I hope we make a double bottom at $445 or $450 and go up from there in October.
I will watch which direction we take from here. I hope we make a double bottom at $445 or $450 and go up from there in October.
