Nothing to add here this is just 101 technical analysis. Breaking 50D MA
is a bearish sing. We still have higher lows which tills us that up trend
is still ON.
is a bearish sing. We still have higher lows which tills us that up trend
is still ON.
Note
We broke our "Major" trend line, not a good sing here our next legitimate target is 15.68 which is our last major low. Stock markets could/might/will see a bullish move form here on for a while !!!
Note
We broke and we touched the 15.68 area the Power of tech analysis.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.