CPOOL daily chart has retested and held support
at the DeMark9 indicator support which is not
a bad sign. the one marl of concern is that the
RSI broke down below the ascending trendline.
So CPOOL needs to have some exponential high
volume to pour in and allow these candles to
greenlight this chart. If it was to turn bullish
out of this formation, look for it to head to the
7.86 Fibonacci red box.
at the DeMark9 indicator support which is not
a bad sign. the one marl of concern is that the
RSI broke down below the ascending trendline.
So CPOOL needs to have some exponential high
volume to pour in and allow these candles to
greenlight this chart. If it was to turn bullish
out of this formation, look for it to head to the
7.86 Fibonacci red box.
