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TALIWRK - Bullish momentum in short term, but Stagnant in Mid term

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Publish date: Wed, 12 Jan 2022, 10:17 AM
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TALIWRK - Bullish momentum in short term, but Stagnant in Mid term

 



- Short term wise, good chart formation with rounding bottom formed.

Another bearish reversal signal - inverted head and shoulders has spotted as well.


- However, probably due to the nature of industry, this price seems to be stagnant within certain range and not attracting much market attention.


- Consolidation between 80c to 90c since June 2020 should be one of the concerns for traders.


- Can expect for a rally if managed to break super hard resistance of 90c which has been tested 5 times since June 2020.

 

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