Supported by the .382 of the 64.9-28.8K retracement zone; this is the classic bear flag look. The red line is the eight period exponential moving average (8 being a fib number) and the blue line as the the 50 period simple moving average. The Bollinger Bands are based on a 20 period median with 2 standard deviations as the upper (UBB) and lower (LBB) boundaries.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.