The Scrip has registered a decline of around 25% from its Swing High and it is more or less at its base and also just slightly above EMA200, which hopefully, if sustained will pave way for its upward flight.
RSI has changed its direction towards the upside, though it is still in the weak / bearish zone. Needs to get above 40 at least and then Min 50. Also, price is exhibiting two EQLs and RSI printing a HL. Projections marked in light BLUE on the DTF chart, please note
Watchlist placement a must to track for further price movement and getting onboard the train.
RSI has changed its direction towards the upside, though it is still in the weak / bearish zone. Needs to get above 40 at least and then Min 50. Also, price is exhibiting two EQLs and RSI printing a HL. Projections marked in light BLUE on the DTF chart, please note
Watchlist placement a must to track for further price movement and getting onboard the train.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.