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SBTX
5 years 9 months ago #16835
by remo
It looks alright to me....Your trend lines....
The daily would have given you the earlier entry as it broke earlier. The weekly looks like the main trend line which generally is the hardest to break.This is the main one as that will clearly show the change in trend. A lot of resistance on that trend line...This share looks like its runaway so if your looking to enter then you need to wait for a pull back to support . you can use the fibs and also use previous extreme supports which you can tell from your charts
The daily would have given you the earlier entry as it broke earlier. The weekly looks like the main trend line which generally is the hardest to break.This is the main one as that will clearly show the change in trend. A lot of resistance on that trend line...This share looks like its runaway so if your looking to enter then you need to wait for a pull back to support . you can use the fibs and also use previous extreme supports which you can tell from your charts
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5 years 9 months ago - 5 years 9 months ago #16834
by abudawud
Last edit: 5 years 9 months ago by abudawud.
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5 years 9 months ago #16832
by abudawud
Hi guys can someone check my analysis on this share. I see it breaking the long term downtrend below on the daily and the weekly if it closes above 20. Looking to get into this and just need to know if my trend lines are relevant. Looks oversold on all indicators which is the only thing that is making me hesitant. But not sure in today's market out with a illiquid share how relevan
t those indicators are
t those indicators are
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