WIZZ
Lowest Low ValueThe Lowest Low-Value indicator plots the lowest low price over a specific period.
Previously on my another video called "Highest High Value Indicator (HHV)" I explained how we can combine HHV with MA. (Link is provided below)
On this video, I am explaining how to use both LLV and HHV indicators combined with ATR to confirm trading signals.
HHV and LLV are very reliable in the trendy market, so it is wise to only use them when we have high ATR readings.
#WIZZ ANALYSIS.. Sometimes only one line can tell us a lot more than we think about the technical scope.. There isn't much to say about #WIZZ, I think there is a new risk of a big drop at any moment, unless the stock price is permanently above the line.. Also, due to the pandemic disaster we are experiencing, the air transportation industry has been in a very difficult situation.. The cash flows of the airline companies are seriously disrupted and this situation seems to continue for a while, in this context, we can see much lower levels in the stock price..
Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..