I expect there will have a correction in the next week. if so, this might be good timing to raise the long position on SE.
Reason:
1. PDD, JD, BABA are starting their correction recently.
2. Positive Bias Ratio is too high.
3. The coronavirus impact on markets that many had expected.
Resistance & Support Line:
S4: 90
S3: 65.28(2)
S2: 54.73(1.618)
S1: 37.76(1)
R1: 27.22(0.618)
Pass Analysis
Reason:
1. PDD, JD, BABA are starting their correction recently.
2. Positive Bias Ratio is too high.
3. The coronavirus impact on markets that many had expected.
Resistance & Support Line:
S4: 90
S3: 65.28(2)
S2: 54.73(1.618)
S1: 37.76(1)
R1: 27.22(0.618)
Pass Analysis
Trade active
The Price drop to 45
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Related publications
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.