1. Price broke below uptrend line since 2009, retest the underside of support turn resistance trend line - FAIL
2. RSI uptrend line broken as well. Become overhead resistance
3. Double bearish divergence RSI downtrend line provide yet another level of resistance
Bought put options @47 & 48
Note: Price may continue to go up
2. RSI uptrend line broken as well. Become overhead resistance
3. Double bearish divergence RSI downtrend line provide yet another level of resistance
Bought put options @47 & 48
Note: Price may continue to go up