- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The activity of "fresh" sellers in a downtrend may indicate that the market expects the recovery of the bear trend. However, according to our analysis, this movement is corrective and we expect the price to go up
- When the price decreases, a signal is formed (orange labels), which implies an upward movement.
- MVP line is below the price and acts as a support level.
- Pay attention to the accumulation of sellers near the current price. Such situations during a downtrend may indicate an upcoming correction. As a result, we will be going with a short-term Buy Order.
Chart & Analyst Comments
