BLOOM’s SMA failed, now at 23.6% Fiboancci Retracement level

The SMA lines we called last week failed to support the price of BLOOM. Now its the job of the 23.6% Fibonacci Retracement level if it will be able to hold the price from going down further. Notice that this line has been tested before and was able to hold. Will it be the same this time? Candlestick today doesn’t show a reversal. Let’s wait for some more candlesticks.

Caveat!

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