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Tech; BOLL 20 2 2 EMA
In the last two weeks, the movements were mainly driven by fundamentals. Now the 1 hr, 4hr, daily charts are having no directions.
Take a look at the 4 hr chart, there is a large gap from the current price to the lower bound of the bollinger bands. But even larger from the top. The preference is downward.
If we take a look at the monthy chart, it is bearish , the target is 93.7, but will take months to come, upper resisitance is at around 105.
In the last two weeks, the movements were mainly driven by fundamentals. Now the 1 hr, 4hr, daily charts are having no directions.
Take a look at the 4 hr chart, there is a large gap from the current price to the lower bound of the bollinger bands. But even larger from the top. The preference is downward.
If we take a look at the monthy chart, it is bearish , the target is 93.7, but will take months to come, upper resisitance is at around 105.