SMT short term bullish
Scottish Mortgage is currently in bear market.
MACD bullish cross suggest we will try to go towards 200 EMA around 1328 but that is a strong resistance.
RSI is pretty weak. Pesymistic scenario: we test 50 EMA around 1250 and go lower (but 200EMA more likely)
I think SMT will stay in bear market this year
MACD bullish cross suggest we will try to go towards 200 EMA around 1328 but that is a strong resistance.
RSI is pretty weak. Pesymistic scenario: we test 50 EMA around 1250 and go lower (but 200EMA more likely)
I think SMT will stay in bear market this year
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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.