While it's possible that we may start retracing from here - similar to Sept 2015 rally - the current downward channel should be noted.
Scenario 1 (Red Arrow) is the most bearish scenario where we dive straight to $25, and scenario 2 (Blue arrow) is the less bearish case where we retrace before falling further.
I personally do not set price targets, but if I have to I'd say we will continue to fall until $25.
:)
Scenario 1 (Red Arrow) is the most bearish scenario where we dive straight to $25, and scenario 2 (Blue arrow) is the less bearish case where we retrace before falling further.
I personally do not set price targets, but if I have to I'd say we will continue to fall until $25.
:)