UNITED SPIRITS LTDAggiornato Mcdowell Hangover ?
- It has been in a sideways channel for almost 2 years with clear support and resistance zones
- It showed strength in the initial phase of this week but at the end got hung over Literally, upside down.
- In the end, the price was prevented from breaking the trendline. Buyers appear trapped if the momentum changes sides. It did weaken the upside momentum for now.
- Despite the trendline breakout ( Say If it had), It would have been wise to wait for the resistance zone to break and the price to sustain over it.
- Even now It has 50 - 50 chances but maybe for us, it's a bit of red bias.
What is your take on it? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
- It showed strength in the initial phase of this week but at the end got hung over Literally, upside down.
- In the end, the price was prevented from breaking the trendline. Buyers appear trapped if the momentum changes sides. It did weaken the upside momentum for now.
- Despite the trendline breakout ( Say If it had), It would have been wise to wait for the resistance zone to break and the price to sustain over it.
- Even now It has 50 - 50 chances but maybe for us, it's a bit of red bias.
What is your take on it? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
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Bearish RSI Divergence on Daily Chart.💀Nota
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Ready for the next round?Nota
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.