This counter is in descending channel formation.
It reaches the resistance & we expect the bounce from there, also MACD indicates the downward movement.
Hence, it will be bearish from here.
It reaches the resistance & we expect the bounce from there, also MACD indicates the downward movement.
Hence, it will be bearish from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.