it has dropped about 17% from its peak and currently there are 2 support level to watch.
It could rebound from here so I like to buy some shares but if it falls further to the 2nd level, then I will add some more. The important thing is it must stay above the bullish trend line.
It could rebound from here so I like to buy some shares but if it falls further to the 2nd level, then I will add some more. The important thing is it must stay above the bullish trend line.
Note
notice the last 3 consecutive days red candles ? These are bearish candles which means the price is likely to revisit the next support at 29.98. So, no hurry to average down....Note
we are now at critical support level - the price action is sitting on the bullish trend. It might breaks down a little to weed off the weak buyers before rebounding or a possible further deterioration to the next support at 29.24 levelNote
nibble some as it has fallen below the 30 dollar mark...this is for long term investment, dividends accumulationNote
Praise LordNote
expect it to retrace to 32.83 before adding moreNote
added moreNote
Praise GodNote
could we see this stock hit 37 by year end? Anything is possible....Note
5th time - it has meet its resistance level at current price.Note
Time to load up in tranches.......Note
looking to buy more when it revisit the support at 30 dollarsNote
will be awaiting at 33.38 level to accumulateNote
it is rallying towards 36-37 price levelNote
profit target achieved, short term traders can take profits
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.
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.