TASI: is downtrend over?
Updated
At the moment these are the bullish indications of TASI:
1. Taking support at 50% fib level of the uptrend that lasted from 24th Oct 23 to 24th Mar 24
2. Making a double bottom pattern
3. Taking support at an important support/demand level
Is downtrend over?
1. Taking support at 50% fib level of the uptrend that lasted from 24th Oct 23 to 24th Mar 24
2. Making a double bottom pattern
3. Taking support at an important support/demand level
Is downtrend over?
Note
TASI took support from 50% fib level as indicated in the chart. Bullish Momentum likely to continue from here
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