Stock in short term down trend and should reach the target of 1382 because
1) Big red candles in down trend recently
2) Parabolic SAR just turning bearish (please check the single recent dot above the candle)
3) MACD has bearish cross over
4) Price should hit the next Fibonacci level
1) Big red candles in down trend recently
2) Parabolic SAR just turning bearish (please check the single recent dot above the candle)
3) MACD has bearish cross over
4) Price should hit the next Fibonacci level