$SPCE Weekly Downtrend | Target: $10
Hello everyone
I am new to charting, so you are more than welcome to point out any mistakes. What I see is that it has a Bullish Pennant that resulted in a breakout to a much higher price. After that there is a downtrend which we are currently in.
I am new to charting, so you are more than welcome to point out any mistakes. What I see is that it has a Bullish Pennant that resulted in a breakout to a much higher price. After that there is a downtrend which we are currently in.
Note
What really makes me stick to the idea is the presence of a bearish engulfing on the weekly chart. You know its target is the previous low in a chart.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.