$SUI
Bottom printed at 0.998, currently trading 1.1061 and sitting above both the 7 and 25.
Moving averages: 1.0858 and 1.0708 rest beneath price, while the 99 remains overhead at 1.1143.
Volume faded on the decline; the subsequent rebound has come on thinner participation.
Key level to monitor is 1.0858. A break below turns this bounce into nothing more than a relief rally.
Defend it and 1.1143 becomes the next level of interest.
Chart observation only. No position advice.
#writetoearn
Bottom printed at 0.998, currently trading 1.1061 and sitting above both the 7 and 25.
Moving averages: 1.0858 and 1.0708 rest beneath price, while the 99 remains overhead at 1.1143.
Volume faded on the decline; the subsequent rebound has come on thinner participation.
Key level to monitor is 1.0858. A break below turns this bounce into nothing more than a relief rally.
Defend it and 1.1143 becomes the next level of interest.
Chart observation only. No position advice.
#writetoearn