For this share, i added one more indicator which is ICHIMOKU KINKO HYO.
The blue circle is shown that the price has broke it cloud. once broke, its mean for bearish mode.
For CCI, indicator started to go out from -100 teritory. If it could go more than 0, then potential to go to 100, which mean price will be at high.
Other indicators also good, MFI, RSI & Wm%R, these three shown positive sign over time.
If you intent to buy, don't think about contra. Better buy and keep for mid term.
Maybe within 1wk to 2wk, you will find some profit in your pocket.
is it in the uptrend now? what is the estimated TP?
ReplyDeleteat the moment, i would say share is bear trending.. there is a sign but maybe a short rebound.. but i think it is still not safe to enter now... parabolic also still red.. only CCI looks good..
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