SHI.UK, D1, 22.03.2017
Long termed declining trend, correction till firstly 50% Fibo, then 38.2
Price under multiple diagonal resistances.
Price Action: Fake breach of 50% Fibo and resistances.
Indicators: RSI (14) breaches 50 levels from top to bottom
The company's price is over valuated - a decline in the price is in order.
SL: 1.2135
Alternative scenario: If the price goes above the resistances, a new rising trend might occur.
Jr_Trader_A_Kumanov
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