this company was on a rocketship heading for the moon. Fast up and means fast down and when the stock hit its peak it beens a violent downturn. The stock already lost 42% of its value and now the question is, is this near the bottom or will there be alot more blood?
Timing = 1 ( the chart has been very weak when the market has been going sideways and therefore i think more blood is likely)
Volume = 0 ( the volume has been decreasing as the stock heads lower)
Group strength = 1 (internet & information index looks strong)
Entry = 0 ( the entry level is near the 200ma and also a strong round number 200. But the stock recently tried to bounce and failed )
Fractal = 1 (this pullback is 42% previously this stock has lost 46% of its value)
Timing = 1 ( the chart has been very weak when the market has been going sideways and therefore i think more blood is likely)
Volume = 0 ( the volume has been decreasing as the stock heads lower)
Group strength = 1 (internet & information index looks strong)
Entry = 0 ( the entry level is near the 200ma and also a strong round number 200. But the stock recently tried to bounce and failed )
Fractal = 1 (this pullback is 42% previously this stock has lost 46% of its value)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.