CSA768216

CSA768216

1) The hammer at the bottom of the downtrend on 16/5/22 indicates bulls (buyers) are gaining control. 2) Bullish engulfing pattern: The large green body on 16/5/22 following the small red body on 15/5/22 at the bottom indicates the bulls (buyers) are now in control and the uptrend has begun. 3) In addition, the large green body broke below the orange line...

CSA768216

Strong support broken on the downside in the weekly chart during the week 09/May/22. Potential bearish movement ahead.