When a stock is crashing it will crash slowly but with global market is bad it will crashing even harder and faster... Poor UEMLAND
Observation
1) Trendline - Broke below the uptrend line and going downtrend(Bearish)
2) Formed lower low - (Bearish)
3) MACD - Bearish Crossover and below 0 ( Bearish)
4) RSI - Retracing toward 30% ( Bearish). Let wait for a rebound on 30% to play counter trend
5) Sto - Below 20%( Bearish) Let wait for a break above 20% to play counter trend
1) Trendline - Broke below the uptrend line and going downtrend(Bearish)
2) Formed lower low - (Bearish)
3) MACD - Bearish Crossover and below 0 ( Bearish)
4) RSI - Retracing toward 30% ( Bearish). Let wait for a rebound on 30% to play counter trend
5) Sto - Below 20%( Bearish) Let wait for a break above 20% to play counter trend
6) ADX - low momentum and bearish ( BEarish )
7) Candle Stick - Blank candle after shooting star ( Bearish)
8) Volume Distribution - High Selling Pressure ( Bearish)
7) Candle Stick - Blank candle after shooting star ( Bearish)
8) Volume Distribution - High Selling Pressure ( Bearish)
But based on the daily volume it is starting to retrace which meaning selling pressure could be consolidating and let wait for a bullish reversal to buy it again
8 Points
0 Points
Winner Bear ( Throw down wrestling style)
This counter is bearish and let wait for a good bullish reversal by
This counter is bearish and let wait for a good bullish reversal by
A) MACD 4R1G
B) RSI and STO rebound above the oversold region
Entry Price 2.69 ( If close on Monday for at least Harami Attack - Bullish Reversal)
Resistance at 2.77 , 2.81 and 2.86
Support at 2.63 , 2.59 and 2.53
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
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