After the breakdown of the trendline that was supporting the price we can see more selling pressure coming in. For now its just establishing support at 2.30 zone. I will only consider this bullish once it back in the safe zone that is inside the wedge pattern. For now its in a no trading zone so wait and watch game.
Hit like & follow guys ;)
Trend
Its been just going side was for ages now, once it breaks 3.46 and closes above with good volumes thats when we can have a trend confirmation. With last weeks closing its looking weak.
Breakout
Once we see a confirmed breakout that's when we can plan out buys for now its in a no trading zone it can retest support 1 and support 2 area. Also the have...
Invictus is in a strong established downtrend, for now i am seeing some signs of bull joining in at current levels but still its too early to conclude. It should break the immediate resistance first and then the long term trendline that is acting as a resistance.
Once the above is done we can say invictus is now in bulls territory, for now put this stock in...
