Go long
I like this stock and this is why:
Ver strong long support line.
The stock did a very great bouce today so im expecting a reversal on the upside.
The stock went down for 6 days in a row and today we see a very nice move up so there is potential for a reversal because when you see a great down move like that, it can went down forever, it has to stopped because the bears cant have the control everyday so today i think this is what happened, the bears had the control for 6 days now and today we see the first candle for the bulls so i think it is possible that we will see more bulls coming out and bears are starting to fear a little bit.
Ver strong long support line.
The stock did a very great bouce today so im expecting a reversal on the upside.
The stock went down for 6 days in a row and today we see a very nice move up so there is potential for a reversal because when you see a great down move like that, it can went down forever, it has to stopped because the bears cant have the control everyday so today i think this is what happened, the bears had the control for 6 days now and today we see the first candle for the bulls so i think it is possible that we will see more bulls coming out and bears are starting to fear a little bit.
Related publications
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.