Shooting Star candlestick chart pattern confirmed by down bar formation today. Immediate support is the 20 days EMA and the previous gap reisistance turned support at $3.34 . If price fails to hold at $3.34 expect price to retest the red bold downtrend resistance turned support line. Support failure at this critical line will result in a challenge of $2.79 support. However if price can rebounce from 20 days EMA support it will challenge 50 days EMA resistance line . Clearing 50 days EMA resistance will propel price towards $3.74 followed by $3.92 .
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