Updated
Civic hits lowest support
Civic hits lowest support and bounced off:
Overall, most signals indicating a break of the down-trend, the drop was huge and we are at lowest price-levels.
You may want to wait till the support is tested twice and MACD crosses before going long.
- MACD shows an upcoming upwards-trend (+)
- RSI is pointing upwards and came from highly oversold region (+)
- Volumen increased compared to last dip...perhaps bearish divergence? (+)
- Cloud is still bearish and conversion line below base line (-)
Overall, most signals indicating a break of the down-trend, the drop was huge and we are at lowest price-levels.
You may want to wait till the support is tested twice and MACD crosses before going long.
Note
Sry, mean of course:Bullish Divergence, not bearish
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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.