motleifaul

motleifaul Updated 

It is the 4th week of bottom building and after the healthy new declining attempt we got a fine rise this week confirming the update mood.

motleifaul

Having taken the profit of the long position I had opened 4 weeks ago I am turning my my view to the downside now. On April 30thwe've got a fine wide window which has to be closed. On April 23rd there was another window which confirms the importance of this level.

motleifaul Updated 

It looked like a beginning bottom already yesterday. Today's candle body forcing into the previous one seems to confirm the bottom. This is the more that today's candle has a long wick, i.e. that the attempt to fall and remain under yesterday's candle body has failed.

motleifaul Updated 

Having taken the profit of y short Idecided now to take a little long position. The upward movement since April 4th has been sufficiently retraced and the After-Easter corrective decline could not continued up to now. We are holding above the MA. I don't expect to much but I see the chance of a retest of the Mid April highs or even the March high again.

motleifaul Updated 

We are close to the price low since 2020 now. This may seen as an important support. But the momentumis still high enough so that it may take time to build a bottom here. Before a major attempt to correct upward the lows at around 190 will likely be tested.

motleifaul

Since February we saw an impressive decline.This seems to have found its bottom now. The past 2 weeks looked like a bottom already and this wwek's rise seems to confirm it.

motleifaul

The declinesince October seems to be over for now. Past week we had nonew low and the new attempt to fall past week could not be continued. This may be the beginning of a correction of the decline since February at least.

motleifaul Updated 

After the November/December high it had looked like a coming correction. But then the February saw the price bounce back towards a new high, As the price had not been corrected for 10 months this may bee seen as an exhausting spike. The market is long and no new players may come in. The spike may have exhausted and a profit taking may set in within the next few weeks.

motleifaul Updated 

Yesterday's spike and the 3 days long lasting rise have been retraced today. The expectations have risen the past 4 days and we may expect a new test of the March high now at least.

motleifaul Updated 

We are holding above a 2 year old resistance. It had extensively been exceeded in November last year and as fast retraced this year so far. This looks as we have reached a level of market balance now. The candle stick Hammer may now hammer out this resistance as the new long term bottom.

motleifaul Updated 

A 9 months bottom building was followed by a stormy rise and almost tripled prices. This rise was to fast and could not digested by the market, i.e. it was followed by an also fast retracement down. Now the market may be in an equilibrium and we can have a closer look to the long term picture. Since 2014 the stock has lost over 97 % of its value. From a...

motleifaul Updated 

We are testing this weekly to the 3rd time now. For almost 1 month we cannot overcomethis top level. Supposedly Ali Baba has forgotten the passwort to escape the cave and the treasure is overbought.

motleifaul Updated 

Today's engulfing red candel has wiped out the doubt that yestrerday's small red candle may finish the fall already. Today's trading day has closed the downward window opened yesteray as well. Thus it may be seen as an independent new bearish signal. The Star of Tuesday and the more the Shooting Star past week as well as today's engulfing candle plus the window...

motleifaul Updated 

For 2 1/2 Weeks we have been trading within a range of 19 % with no direction. Today we have exceeded the range together with the broad market. As we had declined for over 1 month this may be seen as the beginning of an upward correction. The window that had been opened at March 5th has been closed today. Thus may be we we will see a littledecline first to retest...

motleifaul Updated 

Almost 22% in 1 rush in 1 week is a lot. The window is wide open. Wether we may close it is in the stars. But an attemptto do so may be well expected.

motleifaul Updated 

After a drop of over 40% within 1 month it seems to be time for a recovery. The present low has been tested 3 times now and a failure to fall through now can be seen as a signal for an upward test at least.

motleifaul Updated 

For weeks we are testing this level now but cannot break it. Due to the large drop since January I consider a corrective rise as more likely now.

motleifaul Updated 

The current levelhas been serving as support and resistance multiple times beginning May 2023. As we had our peak in November and lost over 40 % since then we may now build a bottom here and start recovering. However it is not excluded yet that we may test the quadrupel bottom which we have tested since September 2022 again. In this case we may be stopped out and...