looks like someone pushed UGP from a cliff (-1)
This company was consolidating nicely above the 18$ mark but then something unexpected happend. in less then 8 months the stock lost 10 billion (2/3) of its value. When something is going down this rapidly its very risky to buy a dip
Timing = -1 ( the market is running up and this company is going down)
Volume = -1 ( The volume is massive on this crash & it doesnt appear to be calming down)
Group strength = -1 (the industry is going great & the market is running up but this company is going down that makes the stock very weak)
Entry = 1 ( the only reason i post this chart is because i like the entry. ABCD pattern completted near a nice support number 9$-10$ mark)
Fractal = 1 (fractals support a reverse )
Timing = -1 ( the market is running up and this company is going down)
Volume = -1 ( The volume is massive on this crash & it doesnt appear to be calming down)
Group strength = -1 (the industry is going great & the market is running up but this company is going down that makes the stock very weak)
Entry = 1 ( the only reason i post this chart is because i like the entry. ABCD pattern completted near a nice support number 9$-10$ mark)
Fractal = 1 (fractals support a reverse )
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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.