Trend line of higher lows is still intact, BUT we broke 50d MA!

Nothing to add here this is just 101 technical analysis. Breaking 50D MA
is a bearish sing. We still have higher lows which tills us that up trend
is still ON.
is a bearish sing. We still have higher lows which tills us that up trend
is still ON.
Nota
We broke our "Major" trend line, not a good sing here our next legitimate target is 15.68 which is our last major low. Stock markets could/might/will see a bullish move form here on for a while !!!
Nota
We broke and we touched the 15.68 area the Power of tech analysis.I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.