Losing such a large trendline is always a bad signal for a company.
The price can easily fall from 15 to 25% in the upcoming weeks or months, take care with this stock unless you are shorting.
This is especially significant while we are seeing Indexs, BTC and more doing new all time highs.
A SL in the -5% zone is enough to be protected from volatility.
The price can easily fall from 15 to 25% in the upcoming weeks or months, take care with this stock unless you are shorting.
This is especially significant while we are seeing Indexs, BTC and more doing new all time highs.
A SL in the -5% zone is enough to be protected from volatility.
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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.