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Captain_Pathum
Oct 24, 2023 10:45 PM

ASI - All Share Index 

CSE All Share Price IndexCSE

Description

This chart and analysis are not financial advice. Do your own research before trading or investing.

CSELK:ASI

After a "Gravestone Doji Candle" closed the previous day, the index saw a red candle, finding support at the 10-day moving average. The next immediate support is at 10662.30, with a broader support zone between 10450-10550.

This could be viewed as a retest of a Fibonacci level, indicating a potential trend reversal.

The Relative Strength Index (RSI) broke through TL#3 and is now looking for support from TL#1. It's crucial to closely monitor these developments for insights into market trends.
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