Will the 200 D SMA Hold as Support?
Relatively new to TA analysis so would appreciate any feedback/correction/support but go easy on me as I'm still learning.
The title and chart are pretty self explanatory.
Things to Note (deprecating factors first):
-We broke the upwards trend line and saw a dramatic selloff
-Below 50 D SMA
-MACD divergence possibly coming soon
-RSI is in oversold territory
-Trend line since March 20' coming to meet price as support
I know it's not much but it's just a quick analysis and publishing to get feedback and learn.
Thanks!
The title and chart are pretty self explanatory.
Things to Note (deprecating factors first):
-We broke the upwards trend line and saw a dramatic selloff
-Below 50 D SMA
-MACD divergence possibly coming soon
-RSI is in oversold territory
-Trend line since March 20' coming to meet price as support
I know it's not much but it's just a quick analysis and publishing to get feedback and learn.
Thanks!
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.