Bears are everywhere in BLOOM

BLOOM may find support at the slope but this might be a weak one. The 78.6% Fibonacci Retracement level may help stop the bears like what happened around the last days of September. But based on Ichimoku system, all indicators are saying BLOOM is in bearish mood. First we have our price moving below the Kumo and Tenkan Sen is moving below the Kijun Sen. Add the Chikou Span which is showing bearish signal as well.

Caveat!

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