The next chart could show possibility of a bottom. Because there's bullish divergence on the volume and the indicator (MACD?). The risk to buy now is much lower than the previous one.
The whole purpose of the posting was to show tk that sometimes a much followed 'fundamental' stock with appeared to have a flat bottom, could still collapse!
The next chart could show possibility of a bottom. Because there's bullish divergence on the volume and the indicator (MACD?).
ReplyDeleteThe risk to buy now is much lower than the previous one.
Dear Elentar,
ReplyDeleteI am actually terrible with bottoms.
The whole purpose of the posting was to show tk that sometimes a much followed 'fundamental' stock with appeared to have a flat bottom, could still collapse!
rgds