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0Joined Jun 11, 2019
fibonacci
supplyanddemand
supportandresistance
trendanalysis
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Fibonacci retracement MA 50 and 200 , 50 above the 200 Price is all time low It is expected to bounce back Lookout for earnings too.
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Strong Resistance Hence, goes short. If above 40.5 (Arbitary choosen) then go long
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Classical Fibonacci and Supply/Demand Trade setup. Although analyst recommends buying MYE, and its true for long term, I still think it will go down retracing Fibonacci as this is in Supply Zone. Another reason to short is RSI indicated oversold for a duration of time. In next few days I expect this to go down atleast until mid Jan after which it should rise as...
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