TA moving slow. Still at the support level

TA’s support and resistance levels remain the same which is the 50% and 38.2% Fibonacci Retracement levels respectively. TA is one of those few stocks whose 20-day SMA line haven’t crossed the 200-day SMA line which means the bulls are still there but just waiting for the right opportunity to win over the bears. We may have not seen the possible bounce to the upper end but so far the price is still at the support line.

Caveat!

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