SET IndexLong
Analysis on SET INDEX: break downtrend line but. . .
Dear all
Finally the major downtrend line is broken !!.
However, it surged for quite some time.
The upward momentum seem exhausted.
The view now is
UPTREND but MOMENTUM is EXHAUSTING.
if it retrace again, it would be the best shot to buy.
if it did not retrace deep enough, better find some stocks that are not too high.
Always have stop loss when trading.
Best Regards,
Trader PP
Finally the major downtrend line is broken !!.
However, it surged for quite some time.
The upward momentum seem exhausted.
The view now is
UPTREND but MOMENTUM is EXHAUSTING.
if it retrace again, it would be the best shot to buy.
if it did not retrace deep enough, better find some stocks that are not too high.
Always have stop loss when trading.
Best Regards,
Trader PP
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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.