Chart wise, looks bearish!
Today we had witnessed the severed selling down with a wide Bearish bar .
The bearish bar is engulfing the previous candlestick, looks rather negative!
The current price of 6.45 is trading below it's SMA lines which may likely see further selling down pressure.
Short term wise , I think it may likely retest the recent low of 6.44.Breaking down with high volume it may continue to slide further down towards 6.28 then 6.00.
Not a call to buy or sell.
Pls dyodd.
No comments:
Post a Comment