Good news: we bounced at 6K level. If we would go north, this would be like triple bottom. We didn't break down 6K level for four months already.
Good news 2. We bounced upward at major downtrend started in december.
Bad news: We broke longterm support line that stayed intact from October 2017. And we are still way under 200SMA etc.
I think it's more likely that we will just test longterm support line (which now became a resistance) at 7K level, and then go down again. But if we go up further - that would be a good sign.
Good news 2. We bounced upward at major downtrend started in december.
Bad news: We broke longterm support line that stayed intact from October 2017. And we are still way under 200SMA etc.
I think it's more likely that we will just test longterm support line (which now became a resistance) at 7K level, and then go down again. But if we go up further - that would be a good sign.
Comment:
So here we are