Inverted Cup & Handle Signals Downtrend for Goldfield
Inverted Cup & Handle Signals Downtrend for Goldfield
1. Price Formation: The price has broken out from an inverted Cup &Handle price formation on a daily chart. Bearish sentiment.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200)
3. 200-day Moving Average is below the Price.
5. Relative Strength Index (RSI): The RSI is < than 50.
6. Price Target:R129.75
Goldfields The company
1. Price Formation: The price has broken out from an inverted Cup &Handle price formation on a daily chart. Bearish sentiment.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200)
3. 200-day Moving Average is below the Price.
5. Relative Strength Index (RSI): The RSI is < than 50.
6. Price Target:R129.75
Goldfields The company
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.