Now that ETI stock price monthly rejected going lowerETI stock price attempt to continue downtrend after breaking the stock's all time low was finally rejected with the market full of panic sellers and hopeful buyers. Going forward, with I expect price to dip a little bit down in the coming weeks or months towards a critical zone between 6.20 and 7.00. It could possible start to rally immediately, but - that will possibly not for smart monies...
PLAN YOUR TRADES AND TRADE YOUR PLANS
ETI
Will ETI rally in the coming weeks...As an update to my last post on ETI, during this past trading week, ETI price attempted to pass through its all time low, however this was rejected with the week ended in indecision candlestick.
The question is: will ETI rally in the coming weeks or what we have is a pause before bears continue the downtrend?
Risk: Major trend is downtrend and also the index is still down.
US OIL / WTI / CRUDE OIL This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>