Hyundai Mobis is in a bearish move nowI see that Mobis stock will continue its movement down as there is a big momentum making the bearish in control of the market. There is no way to try going bullish .
The trendline shows that the market was in a very strong bullish movement but it is retesting now and it may go back high again in the near future.
ANGLE GARANTEE FOR UPTREND - 05930 - SAMSUNG - 240MN - IDEAThanks for your likes and shares! Much Appreciated!
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There is two different channel levels. The support , if broken, could possibly see a change in the future. BUT, for the moment, the slope is likely to be a safe one for uptrend entries.
Samsung 05930 price is recovering slowly but safely!
Learn to short sell and make money !There are three opportunities in trading - uptrend, range (sideway) and downtrend.
The most common method of making money is buying on the uptrend like most folks do when they bought into the S&P500 index - simply buy and hold. That is for long term.
But as many bear camps are saying the recession is coming, the market is going to crash and the media sensationalise it every now and then, it is not easy to go against the trend. Question is when it comes not will it comes, will you be ready ? Will you psychologically know what to do ?
If your answer is not a resounding yes, then perhaps you want to take every opportunities to learn and short sell. Go small, practise a lot and take frequent profits so that you are motivated. When the grand finale comes, you can reap the golden harvest.
Until then, enjoy the ride down.....
Upward Breakout of Round Bottom Pattern. Hit Record HighThe prices has just broken above the neckline of a round bottom pattern with a large-sized candle on Friday. Share price is likely to challenge its next resistance around 63,000 (127.2% Fib. extension by using points A and B).
Disclaimer:
The above analysis is for reference only.
Please exercise caution and prudence in making your own investment decisions
005930, Samsung Elec. - Trailing StopKRX:005930
Technical analysis does not depend on the market, it does not depend on the historical era, it does not depend on any kind of factor other than human emotions that are always repeated on the basis of fear and greed.
That's why we often find very similar patterns, that if exploited in a systematic way, you can accumulate wealth over time.
Then we for an ethical factor, we always decide to enter Long, then to favor the economy of the stock market.
Good trading to all