- The recent sell-downs were extremely brutal
- Lower lows are obvious – swing traders and scalpers might be able to profit from the swings
- The two green candles which touched the lower trendline at around 545 should be the indicator of selling it due to their long upper shadows
- One should avoid such stock at all cost
**This analysis is solely for my own references
- Lower lows are obvious – swing traders and scalpers might be able to profit from the swings
- The two green candles which touched the lower trendline at around 545 should be the indicator of selling it due to their long upper shadows
- One should avoid such stock at all cost
**This analysis is solely for my own references
Note
UPDATE - touch the support at 110 and rebounded
- unless there are strong confirmations from volume and bullish engulfing, the strong sell-down is a THING to be always considered as a warning
Note
bottom fishing is dangerous
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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.
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.