Synear may start Down Trend

If Synear breaks the support at $0.222 (38.2% FR Level), a “Lower High, Lower Low” bearish down trend pattern will be seen on Synear. If Synear is able to hold above this support level, A Descending Triangle chart pattern may be formed and we just need to wait for the breakout to determine future trend. Take note that all three moving averages 20D, 50D and 200D MA are trending down.

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