M&M - Possible Short
M&M has been in uptrend due to good results for few days
Whenever it makes tweezer top near trendline, tends to come down looking at history
Candlestick - Tweezer Top
MA- Price may take next support on 10 DMA
Volume - Good selling volume last day
RSI - Negative divergence from oversold
Whenever it makes tweezer top near trendline, tends to come down looking at history
Candlestick - Tweezer Top
MA- Price may take next support on 10 DMA
Volume - Good selling volume last day
RSI - Negative divergence from oversold
Note
Not active until yesterdays low is not broken
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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.
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.