It will appear that a rounding bottom pattern is busy developing (see the insert as well as the blue arrowed line on the chart).
The price action is also fairly close to the lower range of the linear regression channel pattern.
This increases the likelihood of some upside price potential.
Also testing its 200-day simple moving average.
The price action is also fairly close to the lower range of the linear regression channel pattern.
This increases the likelihood of some upside price potential.
Also testing its 200-day simple moving average.
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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.
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.