$JSECSB - Cashbuild: Still Dipping, But Now Wedging
See link below for previous analysis
Little has changed from a fundamental perspective and the share price has continued to trend lower.
Price is now trending in a falling wedge pattern which can be viewed as bullish once price breaks out of the wedge, ideally on high volume.
What is key for the five wave advance from 7000 to 34599 to remain valid is for price to hold above 7000.
I will maintain a bearish stance until I see clear reversal signals.
Little has changed from a fundamental perspective and the share price has continued to trend lower.
Price is now trending in a falling wedge pattern which can be viewed as bullish once price breaks out of the wedge, ideally on high volume.
What is key for the five wave advance from 7000 to 34599 to remain valid is for price to hold above 7000.
I will maintain a bearish stance until I see clear reversal signals.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.