$JSETCP - Transaction Capital: At Least A Dead Cat Bounce Is Due
The last coverage of TCP was on 10.05.2023, link below.
Wave 5 of (C) looks to be running out of steam as the MACD is trending upwards.
This is not to say that a bottom is in at 545 but there is a probability that it is.
Punters should use 545 as a stop-loss level as this is a low-conviction setup and I am looking at a potential dead cat bounce and not a major trend reversal.
Wave 5 of (C) looks to be running out of steam as the MACD is trending upwards.
This is not to say that a bottom is in at 545 but there is a probability that it is.
Punters should use 545 as a stop-loss level as this is a low-conviction setup and I am looking at a potential dead cat bounce and not a major trend reversal.
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