Panjang
Time for a reversal?
As we have seen in the last couple of months, when a divergence signal (green #1 on chart), a Tom Demark Seq signal (red #8 on chart), Stoch RSI below 20 and VIX FIX bottom indicator(green bars below the chart)
appears together, there is a reversal.
The price could not break 0.10 downwards and it showed high buy volumes during the first week of september.
Investors are waiting for the decision for a potential Reverse Split after the proxy voting results at the Annual Shareholders meeting on September 25th.
But I think a reversal will take place until the meeting to carry the share price around $0.20 before landing back at the 0.13-0.16 range.
appears together, there is a reversal.
The price could not break 0.10 downwards and it showed high buy volumes during the first week of september.
Investors are waiting for the decision for a potential Reverse Split after the proxy voting results at the Annual Shareholders meeting on September 25th.
But I think a reversal will take place until the meeting to carry the share price around $0.20 before landing back at the 0.13-0.16 range.
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.