This is one of the many many technical reasons for a bottom...

  1. 2,240 Posts.
    This is one of the many many technical reasons for a bottom here."Bullish engulfing candles"(weekly) where a trading period engulfes the range of the previous period.

    look all you like on this chart you will only find them at the begining of a new trend.

    this currrent one coupled with the double bott on the daily chart (also at the bottom of a very large 5 wave decline) is a gift!



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.