The stock has respected the trendline support Two possibilities 1.Breakdown from the trendline and downtrend continues 2.can take support at the trendline and move upside.
Always wait for the breakout and trade & wait for the candle to close
Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
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.