POSSIBLE REBOUND PLAYS?
DISCLAIMER
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
Ever since the release of the dividends, it has suffered a sell down. Short term wise it is currently in a downtrend with dead cross on its MAs. Banker chips are also weak with around 10-15% left. However the RSI is pretty low at the moment. Can try to aim for rebound plays but take note it is high risk for short term traders as it is in a downtrend. Mid term wise should be alright as the company's fundamentals are excellent.
R: 4.89, 5.1, 5.465
S: 4.71, 4.54
*If you like my chart or if my chart has helped to guide you, please leave a LIKE and feel free to share your opinion!*
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
Ever since the release of the dividends, it has suffered a sell down. Short term wise it is currently in a downtrend with dead cross on its MAs. Banker chips are also weak with around 10-15% left. However the RSI is pretty low at the moment. Can try to aim for rebound plays but take note it is high risk for short term traders as it is in a downtrend. Mid term wise should be alright as the company's fundamentals are excellent.
R: 4.89, 5.1, 5.465
S: 4.71, 4.54
*If you like my chart or if my chart has helped to guide you, please leave a LIKE and feel free to share your opinion!*
Disclaimer
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