Hey Guys! I've been watching this stock for a while and it seems that it has reached its bottom. Besides, the situation with coronavirus is coming to an end in the future so when travelling normalizes this stock could shoot up.
The chart shows us that the price is in the limit of the moving average line (100) and the Fibonacci lines are quite unclear, either can...
After spending some time watching the chart there are some things that I would like to highlight:
First of all the last candle stays in a crucial zone which is a resistance line. Besides, this candle is above the moving average (150) which could be a long signal and if we follow the analysis the fibonacci retracement lines (150) show us that the current price is...
After the little downtrend from the last days I see a possible entry possition in this stock.
But, I will wait a little bit in order to see how it will bahve in the resistence line.
What do I mean?
If the RSI and Stochastic revert it might indicate that the trend is changing and the price will increase.
Besides, the stock is trading quite below the moving...
It seems that there is some fear in the markets. That is why many investors choose to be in a selling possition.
After seeing the RSI and stochastic it is quite clear that the price is touching "oversold" values. Needless to say that there is a kind of trend in the indicators showing that the price will decrease a little bit more.
In addition, considering the...
Se ve una fuerte tendencia bajista (ya viene de hace rato) y una posible zona de compra entre 104 y 108.
Media móvil exponencial y volumen ayudan a confirmar esta tendencia. Volumen cayendo y precio algo debajo de la media movil.
RSI en un punto medio 50/100
Si se confirma esta tendencia una buena zona de venta sería 155 aproximadamente.
Hi guys! This is my first published chart. As you can see it is touching the resistence line so the price could go up in the future.
Things to consider:
the exponential moving average shows that the price is below the line
RSI is decreasing
Volume decreasing constantly
If the trend reverts the target will be 230.