Avoid this at all cost!
- The recent sell-downs were extremely brutal
- Lower lows are obvious – swing traders and scalpers might be able to profit from the swings
- The two green candles which touched the lower trendline at around 545 should be the indicator of selling it due to their long upper shadows
- One should avoid such stock at all cost
**This analysis is solely for my own references
- Lower lows are obvious – swing traders and scalpers might be able to profit from the swings
- The two green candles which touched the lower trendline at around 545 should be the indicator of selling it due to their long upper shadows
- One should avoid such stock at all cost
**This analysis is solely for my own references
Comment:
bottom fishing is dangerous
- touch the support at 110 and rebounded
- unless there are strong confirmations from volume and bullish engulfing, the strong sell-down is a THING to be always considered as a warning