Very obvious it's a downtrend stock.
Some afraid of catching the falling knife.
However, base on :
>> weekly chart, it show a potential rebound as long as the price stay above 510 and brake above 530.
>> day chart, it may slightly retrace. Best is stay above blue cloud ☁️ EMA. Let it form an upstair staircase.
Overall, operator yet push this counter. Mostly play by retailers (Swing Traders & scalpers) only.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Some afraid of catching the falling knife.
However, base on :
>> weekly chart, it show a potential rebound as long as the price stay above 510 and brake above 530.
>> day chart, it may slightly retrace. Best is stay above blue cloud ☁️ EMA. Let it form an upstair staircase.
Overall, operator yet push this counter. Mostly play by retailers (Swing Traders & scalpers) only.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.