The downward target is calculated on the basis of this point and figure chart Disclaimer.. not invested, would be very interested to bottom fish otherwise.. Not an investing/trading recommendation
On a random note, WOCKHARDT , Daily, seems to be onto something.
It looks like distribution but, idk, if it can make a spring with ongoing MACD divergence, it can be an accumulation setup?
capsule91
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@Einstein15, yes, you are right... that is infact an upthrust and a sow of weakness follows... lets see if the trading range is broken or not subsequently... thanks for notifying bro
It looks like distribution but, idk, if it can make a spring with ongoing MACD divergence, it can be an accumulation setup?