See link below for previous analysis.
Cashbuild has been trading in a falling wedge pattern for over two years but the April 2024 low could be significant.
There are two technical reasons for optimism in Cashbuild:
1) Price looks to have broken out of the wedge pattern, though without much acceleration.
2) The MACD has been converging with price since October 2022 and is now holding above the
zero line.
I will maintain a bullish stance above the key invalidation level of 12150.
Cashbuild has been trading in a falling wedge pattern for over two years but the April 2024 low could be significant.
There are two technical reasons for optimism in Cashbuild:
1) Price looks to have broken out of the wedge pattern, though without much acceleration.
2) The MACD has been converging with price since October 2022 and is now holding above the
zero line.
I will maintain a bullish stance above the key invalidation level of 12150.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.