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.