Contrarian may be wrong way to trade but in this case, TRIP is so hated it may actually be time to step in for what would be a very rewarding trade.
Fundamentals really have little influence on this as there is nothing positive to really cling to.
Technically the chart is showing some bullish divergences and the selling volume is starting to reduce considerably, maybe the bottom is in as it has also hit a strong support level.
Fundamentals really have little influence on this as there is nothing positive to really cling to.
Technically the chart is showing some bullish divergences and the selling volume is starting to reduce considerably, maybe the bottom is in as it has also hit a strong support level.
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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.