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.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.