Auropharma arresting the fall
It can be observed that Auropharma is in stage 4(markdown phase). However looking the the Price action it seems that Beers are exhuasted and Price shows lack of Downside momentum (RSI shows Bullish Divergence). We can also Observe the Undecisive Impulsive wave in the downside supporting the above statement. Hoping to see Reversal Price Pattern soon.
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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.