The stock can see a significant correction
1. The stock is rebounding from a resistance line from which previous rally has seen correction
2. The stock is on the verge of breaking a support line
3. The stock is breaking down the bollinger band and possibly ending a consolidation which was happening over the past couple of weeks
All analysis if only for educational purpose.
1. The stock is rebounding from a resistance line from which previous rally has seen correction
2. The stock is on the verge of breaking a support line
3. The stock is breaking down the bollinger band and possibly ending a consolidation which was happening over the past couple of weeks
All analysis if only for educational purpose.
Comment:
Exit from the trade