1) RSI indicator dropped approximately 25 level and it gives us oversold sign but it is not so reliable indicator if it is strong upper or down trend. But its 2 moving averages will cross each other nearly. For very reliable buy sign we have to wait those moving averages.
2) Momentum's resistance line has been broken but this can be unreliable resistance line because of slope of line. On the other hand, i applied SMA(8 period) on momentum and they crossed each other. It is buy sign.
3) I applied WMA(14 period) on CCI indicator and they have crossed each other and it is buy sign but we have to wait at the end of this month.
4) On DMI indicator ADX(Red line) and -DI(Orange line) are closing each other.
5) MACD has red light bar. Down trend is losing its power. It can be reversal of trend.
2) Momentum's resistance line has been broken but this can be unreliable resistance line because of slope of line. On the other hand, i applied SMA(8 period) on momentum and they crossed each other. It is buy sign.
3) I applied WMA(14 period) on CCI indicator and they have crossed each other and it is buy sign but we have to wait at the end of this month.
4) On DMI indicator ADX(Red line) and -DI(Orange line) are closing each other.
5) MACD has red light bar. Down trend is losing its power. It can be reversal of trend.