Zoominfo Technologies Inc. - Trend Assessment
I do concentrate only on trend assessment so traders could make a sequence of profitable trades to exploit full trend capacity.
1. Primary trend is bearish (red channel). It is a fact until it is broken and confirmed. As of now there are no indications of trend reversal.
2. The price is consolidating below MA200 and longer ones.
3. Regarding Ichimoku Cloud: we have Kumo red cloud which is far away to consider it crossed.
4. BB Trend got into red zone three years ago and is still there.
Simply taking into account the indicators above can save your capital from being ruined.
Just wait for better indications of trend reversal and confirmation of its change.
At my seminar I was frustrated how people with no experience do averaging down without even thinking about the trend direction.
1. Primary trend is bearish (red channel). It is a fact until it is broken and confirmed. As of now there are no indications of trend reversal.
2. The price is consolidating below MA200 and longer ones.
3. Regarding Ichimoku Cloud: we have Kumo red cloud which is far away to consider it crossed.
4. BB Trend got into red zone three years ago and is still there.
Simply taking into account the indicators above can save your capital from being ruined.
Just wait for better indications of trend reversal and confirmation of its change.
At my seminar I was frustrated how people with no experience do averaging down without even thinking about the trend direction.
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