Support good enough to hang out at 2054-2001.
RSI almost near the oversold zone.
Demand zone can be seen between 50%-61.8%.
Candle has been long legged doji.
A swing bottom now with higher low and higher high
can resume a rise.
In that case expect rise towards 2174-2200 which will
be the supply zone.
Range bound swing and volatility...
I have been searching for rare earth elements. I've been waiting for these stocks to take a dive. Probably been waiting around 6 months. Today I enter my first Rare Earth Element (REE) stock. I believe this is as low as i'll get it, I could be wrong but at 0.09$ CAD, I'll take that risk of being wrong. Look at the support it has formed since 2012, not it's 2020,...
Metal sector is heavily affected by the conflict between US-CHINA. Demand of metal has been heavily dropped in china. And we can't see any upward move for this sector until and unless everything is sorted. Short Tata steel as it is moving towards strong support and no chance for getting upward. #Illuminati