Outlook
Price closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion line and Base line remain in a bearish crossover and is hinting at a bearish price trend ahead. Lagging Span is below price of 26 days ago but is inside the cloud at the moment. MACD is bearish and is hinting at a bearish price trend. If price is unable to move above the cloud, it could be heading towards the support at $91.20 in the next 2-3 weeks.
Strategy
$98.00 Sell
$91.20 Price Target
$102.90 Risk Management Stop
3 weeks Trade Duration
