stalkstock

Union Properties whos in charge now?

Corto
DFM:UPP   UNION PROPERTIES
It could not sustain the gains and gave out all the gains before the closing. Interesting part is it have formed a bearish pattern . The previous candle is a bearish hammer today its given solid engulfing candle i think this is a good indication it wants to retest the 200 ema once again before going up. Solid resitance at 0.315, if the engulfing pattern is confirmed thn double top pattern is also confirmed indication strong bearish signal and to exit the trade. Lets see tomorrow. I am bearish on this one for sure. Happy trading

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