CMSB, can sustain?
The overall trend remains bearish, with prices continuing to move downward.
Both the RSI and Stochastic indicators are in the overbought zone, suggesting that the asset may be overextended and due for a pullback.
Additionally, the MACD remains below zero, reinforcing the weak momentum.
Given these signals, there is a high probability of a downward move soon, making it crucial to watch for potential signs of reversal or further decline.
Stocks won’t keep going up forever. The real skill in investing is knowing when to take your profits. If you don’t, it’s like staying stuck in primary school while others move ahead. The key to success is having the discipline to cash out at the right time and grow smarter with your decisions.
Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.
Both the RSI and Stochastic indicators are in the overbought zone, suggesting that the asset may be overextended and due for a pullback.
Additionally, the MACD remains below zero, reinforcing the weak momentum.
Given these signals, there is a high probability of a downward move soon, making it crucial to watch for potential signs of reversal or further decline.
Stocks won’t keep going up forever. The real skill in investing is knowing when to take your profits. If you don’t, it’s like staying stuck in primary school while others move ahead. The key to success is having the discipline to cash out at the right time and grow smarter with your decisions.
Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.
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.
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.