RSI & Stochastic are both in the oversold zones - the stoch has been trying to turn up for the last 2 days now we have a support level shown at the bottom in purple & one on the uptrend if we hold we might see a breakout. DYOR
Comment:
Looks like more of a bearish pendant however I think we will see a movement to the upside over the next few days - we cant stay in these oversold zones forever.