REACH - Formation of V pattern
Formation of a "V" Pattern. It has broken downtrendline on 17 July with a heavy volume and wide trading range, which indicates that selling pressure has climaxed. Long term TP would be 0.345, with each of the Fibonacci level acts as a support and resistance at 0.255, 0.275 and 0.305. Our B.U.Y system has also triggered today, confirming a change of trend from downtrend to uptrend.
Disclaimer: The content provided are STRICTLY for research/learning/educational purposes and NOT a recommendation for buying or selling any stocks. Please be reminded to trade at your own risk and consult your dealer/remisier before proceeding to make any orders.
Disclaimer: The content provided are STRICTLY for research/learning/educational purposes and NOT a recommendation for buying or selling any stocks. Please be reminded to trade at your own risk and consult your dealer/remisier before proceeding to make any orders.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.