Support / Oversold (Blue): a support area, may become a Bottom, or be broken through.
We need to observe. There are signs of overbidding on the monthly chart, and for the first time in many years, the upper line of the indicator shows signs of overselling. Last time, this was the indicator that started to improve the situation.
We need to observe. There are signs of overbidding on the monthly chart, and for the first time in many years, the upper line of the indicator shows signs of overselling. Last time, this was the indicator that started to improve the situation.
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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.