I just got sharply rejected from the $0.208 high on $POWER and it's now getting repeatedly denied at the EMA44/EMA50 resistance cluster ($0.162–$0.163). If this zone holds as resistance, POWER could see further downside correction. I've taken a short position on this myself. Short setup..
Entry: $0.160 – $0.163
TP: $0.155 – $0.148 – $0.143 – $0.133 – $0.113
SL: $0.168