Something to keep eye on soon for bounce - Support close
20ma monthly chart at around 160p & several support levels on weekly between 158 to 160p.
Losing that support will head lower to the next support at 129p but RSI getting oversold and a little divergence happening so we might see a bounce before.
Oil price is quite important to also keep a look out.
Losing that support will head lower to the next support at 129p but RSI getting oversold and a little divergence happening so we might see a bounce before.
Oil price is quite important to also keep a look out.