since IPO lowest close
lets see if multiple bottoms work
red downdtrend is active
next to watch a possible downtrend break up
for this i will be watching increasing daily lows
It is seen that it will affect the course of the stock traded in the unstable zone next week.
Scenario 1:
While daily closings below the 25.0-25.30 TL band may indicate a hardening of the short-term downward trend (below these figures, the inverted cup handle appearance will become evident.
Scenario 2:
Closings above the 26.30-26.60 band will mean breaking...
again a squeezed graphic
it seems that last days to give a decision bear or bull?
today was a very volatile day,
first ever circuit cut since 01-Nov-2023 / biggest candle since 06-feb-2024
summary of day:
max:+1.84% min: +6.07% close:-4.51%
Last 20mins ~+%1.5 (bulls are not dead yet)
- but two consecutive red closings below uptrend so we have to be ...
KCHOL 15min (also 1h,4h,1d) broke red downtrend and black (224.0TL) horizontal resistance
upwards with a high trading volume / its worth to watch green uptrend
