TCI Express - The stunner called Fibs- a case study
See how the Fib confluence nailed the top in this stock. That long candle with a small body is a long legged doji indicating reversal. RSI on two time frame charts was above 80 indicating euphoria. Even if we missed the top Its a V shaped fall which is a directional signal. The clincher is the rally post the fall. It is unable to break above the 61.8% of its swing. Now see the RSI it has halted in the bear zone.
Conclusion - Study price !! coz everything else is a derivative of price
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.