Long
VEN: just an idea...
https://www.tradingview.com/chart/BhUgJjBN/
Just recently started charting, so this is just an idea I have and definitely not advice in any way.
- close to what I think is the support trend line (green)
- RSI completely oversold (20). Also seems to have reached/touched the bottom trendline I drew on the RSI (if that says anything)
- tested and didn't break the previous low (horizontal red line) for several times now; possible support?
Possible bounce from here? Or are we going to the .786 Fib?
Just recently started charting, so this is just an idea I have and definitely not advice in any way.
- close to what I think is the support trend line (green)
- RSI completely oversold (20). Also seems to have reached/touched the bottom trendline I drew on the RSI (if that says anything)
- tested and didn't break the previous low (horizontal red line) for several times now; possible support?
Possible bounce from here? Or are we going to the .786 Fib?
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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.