Coming into the week of 11-15 Jan, the name (and peers) ranked as 'near overbought'.
As at yesterday's close, the lower time frame suggested 'near oversold'. In addition, the price trades on it's 50% FIB retracement, and is currently reclaiming yesterday's lows, following a print below it at the open this morning.
This looks like an ultra short term buy. price at 49160 as I type. SL: 48400c.
As at yesterday's close, the lower time frame suggested 'near oversold'. In addition, the price trades on it's 50% FIB retracement, and is currently reclaiming yesterday's lows, following a print below it at the open this morning.
This looks like an ultra short term buy. price at 49160 as I type. SL: 48400c.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.