Bears broke ALI’s 61.8% Fibonacci Retracement level with ease

Current support for ALI is at 76.4% Fibonacci Retracement level after it easily break the 61.8% level. 20-day SMA line seemed determined to make a dead cross to the 200-day SMA line. Bears are taking charge on ALI. RSI or Relative Strength Index is now 22 but it seems we will have more dip or at least going sideways?


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