MBT breaking support levels

MBT broke two Fibonacci Retracement levels today, 50% and 61.8% and the 20-day SMA line wasn’t able to hold as well. Is this going to continue up to 76.4% level? The closing of the gap turned into a nightmare and while our general trend is not yet good lets expect some more dips. This may hit psychological support 80 or worst the 76.4% level which is quite low. Lets see what will be the candlestick tomorrow. Although more bearish, it may also go sideways.

Caveat!

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