There are signs of distribution by the institutional trader at the top.
İşlem aktif
POSSIBLE SIGN OF DISTRIBUTION.
Not
Price is now below EMA20
İşlem aktif
Price is below the demand zone validating possible distribution both on weekly and monthly chart.
Not
The stock is already on a downward trend. support line/demand zone broken at N40.00 The next support level is at N24.00 and N14.00.
December candle formation is an inside day bar. The direction of the coming month price action will determine the stock direction.
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