The stock is retesting the down-trending trendline and is also retesting the 89-day (low) band.
The 89-day (high-low) band is one of the most reliable moving average technique, although there is no documentation about it.
The stock has rallied approx. 20%-25% from its recent lows.
Do share your views about the same!
The 89-day (high-low) band is one of the most reliable moving average technique, although there is no documentation about it.
The stock has rallied approx. 20%-25% from its recent lows.
Do share your views about the same!