Google VXGOG Analysis
In our previous analysis; The indicators are very positive, but we have mentioned that they are swollen above. We explained that this analysis shows us that some downward movement can come. As a result, no instrument can go on or down continuously. We explained that the ups and downs, we call correction are healthy movements in an instrument.
45.66 close to the point of resistance, 45.00 from the process of entering the Short positions can provide very, very nice profits, and it was also said by US!!! The rising trend up to 45.02 has hit the resistance line and has declined. There has been a decrease up to 30.83.
The price also proceeds in an upward channel. A very strong upward trend line was created under the channel. The price has been supported by the trend line many times and continued to move upwards.
CCI:
-It has cut its moving average to downward.
-It has cut the 0 units limit to downwards and closed to -100 unit limit.
-It is around -79 units and continues to move downwards.
(Negative)
MACD:
-As it is a very slow indicator.
-It has cut its moving average to downward.
-It has opened the bars below of 0.
-Averages are downward movement.
-It is around 0.25 units and continues to move downwards.
(Negative)
STOCH:
-It has cut its moving average to downward and now going downward.
-It is below the 20 unit limit, and continues the downward.
-It is around 12 units and the average is near 23 units.
(Negative)
RSI:
-50 units is a very important on this indicator.
-It has exceeded 50 units to downward.
(Negative)
45.66 close to the point of resistance, 45.00 from the process of entering the Short positions can provide very, very nice profits, and it was also said by US!!! The rising trend up to 45.02 has hit the resistance line and has declined. There has been a decrease up to 30.83.
The price also proceeds in an upward channel. A very strong upward trend line was created under the channel. The price has been supported by the trend line many times and continued to move upwards.
CCI:
-It has cut its moving average to downward.
-It has cut the 0 units limit to downwards and closed to -100 unit limit.
-It is around -79 units and continues to move downwards.
(Negative)
MACD:
-As it is a very slow indicator.
-It has cut its moving average to downward.
-It has opened the bars below of 0.
-Averages are downward movement.
-It is around 0.25 units and continues to move downwards.
(Negative)
STOCH:
-It has cut its moving average to downward and now going downward.
-It is below the 20 unit limit, and continues the downward.
-It is around 12 units and the average is near 23 units.
(Negative)
RSI:
-50 units is a very important on this indicator.
-It has exceeded 50 units to downward.
(Negative)
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