Support buy zone broken during Friday's sell off and the uptrend lone broken as well now. This opens lower levels and potential to short this stock. Despite today's announcement from Trump that talks with China resume, market's bounce up did not retrace all the loses from Friday at the time of writing.
One of the biggest funds in the world, UBS, announced for the first time since last crisis, that they are going bearish on the stock market to protect capital from trade war tensions. While faith is maintained in the avoidance of 2020 recession, this could put further down pressure on stocks. Good Luck!
One of the biggest funds in the world, UBS, announced for the first time since last crisis, that they are going bearish on the stock market to protect capital from trade war tensions. While faith is maintained in the avoidance of 2020 recession, this could put further down pressure on stocks. Good Luck!