MA crossover on the bearish side
Lot of governmental factors in play at the moment regarding interest rates, hyperinflation control, monetary policies etc.
Large companies shifting from a growth/expansion model to profit conservation to weather the storm
I would expect interest rates to continue increasing, unemployment to increase, and some sizeable downtrends in some milestone companies
My assumption over the next 6 months:
Target 1 - 75% confidence
Target 2 - 25% confidence (STRONG support here)
Good luck!
Lot of governmental factors in play at the moment regarding interest rates, hyperinflation control, monetary policies etc.
Large companies shifting from a growth/expansion model to profit conservation to weather the storm
I would expect interest rates to continue increasing, unemployment to increase, and some sizeable downtrends in some milestone companies
My assumption over the next 6 months:
Target 1 - 75% confidence
Target 2 - 25% confidence (STRONG support here)
Good luck!
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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.