Volume's been increasing. EMA's have been falling. SMA's are taking a dive as well. Stochastics are giving a sell signal, RSI is headed lower and MACD is giving a potential sell signal. BB are converging as well. ADX is above 40 and headed higher-sideways.
I would wait until earnings in the next couple days to place any trade on this. Ideal would be a move lower to support around 13.40.
If this is taken, a trailing stop is highly recommended.
Oil and steel followed a similar path until late 2012. This could be a play on steel catching up with oil for the time being.
I would wait until earnings in the next couple days to place any trade on this. Ideal would be a move lower to support around 13.40.
If this is taken, a trailing stop is highly recommended.
Oil and steel followed a similar path until late 2012. This could be a play on steel catching up with oil for the time being.
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.