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$JSEAMS - Anglo Plat: Is A Bottom In At 58007 cps?
See link below for previous update.
This is a question I asked before when the stock caught a bid at 79400.
What has transpired since is that wave 5 of (C) unfolded as a more complex and deeper impulse which satisfies five waves down from 120747 to 58007.
Price seems to be forming a base above 58007 which is the invalidation level of the bullish outlook.
What is also encouraging is the MACD/price convergence between the wave 3 and wave 5 lows which is a bullish signal of waning selling momentum.
This is a question I asked before when the stock caught a bid at 79400.
What has transpired since is that wave 5 of (C) unfolded as a more complex and deeper impulse which satisfies five waves down from 120747 to 58007.
Price seems to be forming a base above 58007 which is the invalidation level of the bullish outlook.
What is also encouraging is the MACD/price convergence between the wave 3 and wave 5 lows which is a bullish signal of waning selling momentum.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.