Hello dear friends,
I hope this message finds you well and in high spirits!
I wanted to share some insights with you regarding the current market situation. It seems that trading in CNXMIDCAP can be quite risky at the moment. As you can see from the chart above, although the price is reaching new highs, the RSI is not following suit. This is a clear divergence between the two indicators.
However, fear not! I believe that challenges also bring growth opportunities. While some mid-cap stocks may be experiencing a temporary downturn, it's essential to remember that markets are often influenced by external factors such as upcoming elections. This can result in a higher holding period for trades.
As we navigate through these uncertain times together, let's stay positive and keep our eyes open for new possibilities. Remember, every challenge presents a chance to learn and grow!
If you have any questions or would like further discussion on this topic, please don't hesitate to reach out. We're here to support each other!
Stay strong and keep smiling, Trade safe and protect your capital.
I hope this message finds you well and in high spirits!
I wanted to share some insights with you regarding the current market situation. It seems that trading in CNXMIDCAP can be quite risky at the moment. As you can see from the chart above, although the price is reaching new highs, the RSI is not following suit. This is a clear divergence between the two indicators.
However, fear not! I believe that challenges also bring growth opportunities. While some mid-cap stocks may be experiencing a temporary downturn, it's essential to remember that markets are often influenced by external factors such as upcoming elections. This can result in a higher holding period for trades.
As we navigate through these uncertain times together, let's stay positive and keep our eyes open for new possibilities. Remember, every challenge presents a chance to learn and grow!
If you have any questions or would like further discussion on this topic, please don't hesitate to reach out. We're here to support each other!
Stay strong and keep smiling, Trade safe and protect your capital.