The counter went off the cliff after a bull run.
Though the counter has covered its lost grounds, the move is not as convincing as the previous bull rally.
It looks like a bearish expanding flag and the RSI indicator is roofed by the overbought zone.
Also, the counter has formed a head and shoulder pattern with right shoulder still under construction.
Though the counter has covered its lost grounds, the move is not as convincing as the previous bull rally.
It looks like a bearish expanding flag and the RSI indicator is roofed by the overbought zone.
Also, the counter has formed a head and shoulder pattern with right shoulder still under construction.
Trade chiuso: obiettivo raggiunto