slim十oddz
:
wouldn't call it a rejection but a healthy correction, it has after all bounced relatively uninterrupted off it's recent lows. Furthermore, recent lows indicated a bullish divergence on multiple oscillators . I'd be more inclined to say it's consolidating and should find some support between the 30MA and 60MA. The 180 upside should be retested thereafter.
slim十oddz : wouldn't call it a rejection but a healthy correction, it has after all bounced relatively uninterrupted off it's recent lows. Furthermore, recent lows indicated a bullish divergence on multiple oscillators . I'd be more inclined to say it's consolidating and should find some support between the 30MA and 60MA. The 180 upside should be retested thereafter.