1. Bounced off weekly demand 2. Closed just above 50MA on weekly 3. Bounced off weekly support level 4. Formed a high volume Hammer on weekly 5. Formed a bullish engulfing on daily 6. Trying to reclaim 200MA cluster 7. RSI oversold on daily and is curving back upwards.
Conclusion: Expecting a relief rally in the coming week.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.