Backup possibilities for the next period
The movement of repeating highs and lows from around the beginning of the year foretells the next upward movement.
The correction rates after the decline represent 16%, 15%, or 11% of the last upward movement.
Therefore, the stock is expected to rise to the levels shown on the chart..
Then the correction goes back down As we have been accustomed to the stock for quite some time.
This expectation is supported by technical indicators, which produce bullish signals.
Good luck everyone.
The correction rates after the decline represent 16%, 15%, or 11% of the last upward movement.
Therefore, the stock is expected to rise to the levels shown on the chart..
Then the correction goes back down As we have been accustomed to the stock for quite some time.
This expectation is supported by technical indicators, which produce bullish signals.
Good luck everyone.
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.