Alright, $BAR has been looking a bit rough lately.
After consolidating in that 1.29-1.32 range for a while, it just broke down.
Currently sitting at 1.26.
That sharp drop looks like it took out some short-term support levels.
Volume looks like it picked up on that move down too, which isn't ideal.
I'd be watching closely to see if it can find some support around here or if it's going to continue dipping.
The next significant area of interest for a potential bounce would be back down towards the 1.24-1.25 range if this sell-off continues.
For any kind of recovery, we'd want to see it reclaim that 1.28-1.29 area with some conviction.
Until then, the path of least resistance seems to be lower.
Stay sharp.