Bearish
Fundamental
- Funds distributing
- Weak industry group
- Not sector leader
- Decent earning
TA
- Price rejected 2 years upward trend line
- Double tops formed
- Momentum theory forming bearish divergence ( first sign of warning )
- Price rebound at 0.5-0.6 fibo = strong trend to the downside
- Price falls below double top neck line
Fundamental
- Funds distributing
- Weak industry group
- Not sector leader
- Decent earning
TA
- Price rejected 2 years upward trend line
- Double tops formed
- Momentum theory forming bearish divergence ( first sign of warning )
- Price rebound at 0.5-0.6 fibo = strong trend to the downside
- Price falls below double top neck line