Civic hits lowest support and bounced off:
Overall, most signals indicating a break of the down-trend, the drop was huge and we are at lowest price-levels.
You may want to wait till the support is tested twice and MACD crosses before going long.
- MACD shows an upcoming upwards-trend (+)
- RSI is pointing upwards and came from highly oversold region (+)
- Volumen increased compared to last dip...perhaps bearish divergence? (+)
- Cloud is still bearish and conversion line below base line (-)
Overall, most signals indicating a break of the down-trend, the drop was huge and we are at lowest price-levels.
You may want to wait till the support is tested twice and MACD crosses before going long.
Bullish Divergence, not bearish