See that in long term the stock is in Downward trend and short term its in upward trend.
A w shape formed at end and trend reversal is a possibility. Still since thr price action is at the resistance line, its advisable to sell the stocks tomorrow and then keep a watch. when support line is reached buy again. For now do swing trade here and once the downward trend resiostance line is broken(if it breaks it) then go for long. Else this is good for swing trade only.
A w shape formed at end and trend reversal is a possibility. Still since thr price action is at the resistance line, its advisable to sell the stocks tomorrow and then keep a watch. when support line is reached buy again. For now do swing trade here and once the downward trend resiostance line is broken(if it breaks it) then go for long. Else this is good for swing trade only.