This is very extended downtrend, will this shortterm uptrend break the longterm downtrend.. a swing low has established.. A risk to take if you are willing, SL 261.
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obviously not, the down trend is still intakt!! the question if this level at 246 is supportive enough..
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Obviously H&M is facing a resistance in the region of 275-279.. Will we see a new trail against this Resistance ?
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so far the 234 still holding, another wave up again..
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Will HM recover from this down dip again, ??? let the time shows.. I am still holding at it..
