Analysis done on the 1 Day Chart
Due to COVID-19. Price is likely to use my trend line as somewhat of a resistance level on its way down.
BUT
Based on my stochastic it's possible to cross in the way of a BUY trend.
I'll be on look out for my trend line ( Somewhat of a resistance level. Price could break the trend line leading for price to head towards the 50 SMA.
All we can do is wait now.
Due to COVID-19. Price is likely to use my trend line as somewhat of a resistance level on its way down.
BUT
Based on my stochastic it's possible to cross in the way of a BUY trend.
I'll be on look out for my trend line ( Somewhat of a resistance level. Price could break the trend line leading for price to head towards the 50 SMA.
All we can do is wait now.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.