Wall Street Trader schreef op 4 januari 2023 15:56:
New Year marks a new beginning. Here’s wishing everybody happiness, prosperity and success in the coming year.
Ontex finally points to a transition from a downward trend to an upward trend, rising for three consecutive days.
Moving higher for three straight days is viewed as a bullish sign. This bullish pattern indicates that prices may rise explosively over a period of days or weeks as a sharp uptrend appears. Traders may wait until there is further confirmation of a breakout to initiate a long position.
Please note: Technical analysis is a tool that seeks to predict price movements by examining historical data, mainly price and volume.
It's also about probability and likelihoods, NOT guarantees!