Key points that I noted on weekly chart,
1. Lower Lows and Lower Highs
2. Bearish Pattern
3. Bearish Divergence on RSI
4. Bearish Harami Candlestick pattern
It denotes and confirms a trend change signal and I would be very cautious in investing in it. I assume large institutes have started selling this stock.
1. Lower Lows and Lower Highs
2. Bearish Pattern
3. Bearish Divergence on RSI
4. Bearish Harami Candlestick pattern
It denotes and confirms a trend change signal and I would be very cautious in investing in it. I assume large institutes have started selling this stock.