Pain is Not over Yet ( Possible Expanding Ending diagonal)
This scrip is really in bad shape , and when you check it in Candlestick or Line chart , You will die but never understand whats the hack is happening , but when you turn the same to Ranko or Fixed Range Bars , You might be able to get some idea ,
Now there was lots of talk , Many Point & F chart Masters ware speculating this will likely turn up side , but the Truth is far away
If there is any pull back on daily , I am really not looking to Go long , I will sell on every opportunity on bearish impulse , but never try to buy this ,
Friday close is some dramatic , so expect a sharp pull back in it and might consolidate before making another drop
Look for short sell set up and take trade in futures
Pattern :
I am looking this as an Possible Expanding ending diagonal , its my personal view , No argument with any one view
Now there was lots of talk , Many Point & F chart Masters ware speculating this will likely turn up side , but the Truth is far away
If there is any pull back on daily , I am really not looking to Go long , I will sell on every opportunity on bearish impulse , but never try to buy this ,
Friday close is some dramatic , so expect a sharp pull back in it and might consolidate before making another drop
Look for short sell set up and take trade in futures
Pattern :
I am looking this as an Possible Expanding ending diagonal , its my personal view , No argument with any one view
Look for continuation in the trend for next 2 to 3 days