Target reached. More downside to come.

13 มิ.ย. 2018

TP1 = 487.07 (April 14 support) hit although the price diverged some from the Lower High limits on the 1D Channel Down (RSI = 32.885, Highs/Lows = -63.6106). As expected a new 4H Channel Down has been created (Highs/Lows = -17.6836, RSI = 28.923, MACD = -23.070) that aggressively hit the target and 1st support (487.07). As you see by the blue dotted line (soft Resistance) it was limited there with a Lower High and should now move towards a new technical Lower Low (on 1D) and TP2 = 420.31. The last target remains the 1W support = 357.60 and we will only target it after a Lower High is made.