Price was closed below Hull MA.
Stochastic and RSI are at oversold area.
Broken few supports, and drop above -19%
Possible rebound? Yet have any confirmation.
It's important to remember that oversold / overbought conditions do not necessarily mean a reversal is imminent. They can sometimes indicate the strength of the current trend.
Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.
Stochastic and RSI are at oversold area.
Broken few supports, and drop above -19%
Possible rebound? Yet have any confirmation.
It's important to remember that oversold / overbought conditions do not necessarily mean a reversal is imminent. They can sometimes indicate the strength of the current trend.
Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.
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.