Stock is falling 5 weeks. But it's seems it almost found the bottom. What we have:
1. 200 MA bounce on daily chart.
2. Almost bounced from 50EMA on weekly chart.
3. Bounced from the long term resistance/support line.
4. Oscilators shows the bottom has found.
So, we have to get the clear reversal signal to get in. And if it goes it goes pretty high!
1. 200 MA bounce on daily chart.
2. Almost bounced from 50EMA on weekly chart.
3. Bounced from the long term resistance/support line.
4. Oscilators shows the bottom has found.
So, we have to get the clear reversal signal to get in. And if it goes it goes pretty high!
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