1- No Harmonic formation.
2- There is a Bullish Divergence on MACD. However overall move of MACD is Bearish.
3-Stochastic is almost Oversold. It is about the time to bounce back up for correction.:
5- EMA 20_50_200 all are Bearish.
6- Weekly Analysis:
Price hit 52Weeks Low (Yellow dot line) and it needs to bounce back up.
However, On Monthly, it has been on a down trend for years. after this correction, it will most likely continue Bearish move ...
04/09
2- There is a Bullish Divergence on MACD. However overall move of MACD is Bearish.
3-Stochastic is almost Oversold. It is about the time to bounce back up for correction.:
5- EMA 20_50_200 all are Bearish.
6- Weekly Analysis:
Price hit 52Weeks Low (Yellow dot line) and it needs to bounce back up.
However, On Monthly, it has been on a down trend for years. after this correction, it will most likely continue Bearish move ...
04/09