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Samsung Electronics Bearish Trend

SAMSUNG ELEC (KRX:005930)  
GiraffePiWorld  
KRX:005930   SAMSUNG ELEC
Trend Analysis Chart Patterns samsung samsungelectrics korea kospi KOSDAQ consolidation
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trendanalysis chartpattern samsung samsungelectrics korea kospi kosdaq consolidation
Samsung entered the bear trend.

There is not much to say. Today's Korean news reported few positive news about Samsung's revenue. Especially QLED and DDR RAM sales increased tremendously. However the chart clearly shows the market is in middle of bear market.

It is best to wait during consolidation period and looking forward to break resistance or support of the trend line.
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