Not to scare you lar, but the chart is VERY VERY BEARISH.
At 0.435 close today,
1. It closed below the big green candle move 0.51 - 0.68. Its uptrend is definitely over and has staged a clear reversal.
2. It also closed below the 2 days consolidation low of 0.465 prior to the above big move. Expect selling here on any uptick.
3. Its macd lines are closing in potentially staging a BEARISH CROSSOVER in a day or 2. Which means the subsequent trend will be lower over many days.
4. Its recent bottom is not far away at 0.39. A move below this bottom will be DEADLY as next bottom will be very far below.
5. Its sister company dataprep chart is that of a crash from a sharp parabolic bubble curve. This sort of crash will end up at much lower level than its limit down closing price of 1.75 today. It will have clear negative impact on widad share price.
Now is time to buy more... hope today will go down more....I will buy and keep. once price up then you can sell with good profit margin. Super good time to accumulate
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Otto360
58 posts
Posted by Otto360 > 2021-03-22 20:55 | Report Abuse
Buy slowly good opportunity to collect more....later price confirm rebound