Disclaimer... invested , forms 3rd largest holding of my pf...
NOt an investing/ trading recommendation
Komen:
daily chart, seems line we completed the selling climax at the top, followed by a automatic reaction.... may be we can be preparing for a reaccumualtion along within a correction..
in the weekly chart there si a spinning top like formation at the 52 week ema, while the 52week sma is further up in the 200 zone..
if the correction starts now, the likely support is the 150 region..
Its still a wait and watch, the on coming week willl set the further course of action... definitely planning to add on the correction path..
the mentioned support in the idea was used to add lumpsome positions already so, no plans to average up was of now...
Penafian
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in the weekly chart there si a spinning top like formation at the 52 week ema, while the 52week sma is further up in the 200 zone..
if the correction starts now, the likely support is the 150 region..
Its still a wait and watch, the on coming week willl set the further course of action... definitely planning to add on the correction path..
the mentioned support in the idea was used to add lumpsome positions already so, no plans to average up was of now...