Price is in the period of adjustment down to the Q2 - 2019
Technical Analysis:
In long term view, prices are in the cumulative sizewave area with lower peak.
In the medium term, the buying power is weakening, not breaking the previous resistance.
In the above analysis buy zone:
The strong psychological dispute occurred in the 50 fibo area, there is a possibility of price adjustment down here appears the strong buy and recover to the old peak.
If in the long term the third quarter of 2019, strong buying power still does not make the price increase from the old peak, prices will fall sharply in the double pattern.
In my opinion, technically and based on our analytical method, the price of this top stock reflects the general market situation, so if it falls sharply, it is a sign of the upcoming economic downturn. .
In long term view, prices are in the cumulative sizewave area with lower peak.
In the medium term, the buying power is weakening, not breaking the previous resistance.
In the above analysis buy zone:
The strong psychological dispute occurred in the 50 fibo area, there is a possibility of price adjustment down here appears the strong buy and recover to the old peak.
If in the long term the third quarter of 2019, strong buying power still does not make the price increase from the old peak, prices will fall sharply in the double pattern.
In my opinion, technically and based on our analytical method, the price of this top stock reflects the general market situation, so if it falls sharply, it is a sign of the upcoming economic downturn. .
