AKGRT share analysis;
The first pattern that catches the eye is the OBO (Shoulder Head Shoulder). I think everyone is aware that this pattern has the potential to be first as long as the shoulder and then as deep as the head.
We are talking about a pricing that takes the 200-day moving average as resistance...
This is where we need to look a little further afield.
There are indications that the trend support will work. MACD and RSI They both say "buy", which is a wink that the support will work.
Red finger with I'm referring to the place of destiny. But let's not forget the 3 candle rule. Without seeing 3 negative or positive candles, it is misleading to say that the direction is decided. 3 candles will give us a shoulder to avoid getting caught in a fake decline or rise.
General Comment:
Remember, no one would lose if there was a continuously rising price. Use my analysis to develop a strategy and learn technical analysis.
Important note: If you are going to invest in 1000 shares, make it a habit not to buy x shares at one price. Fragmented buying is important to keep the cost down. You will not miss the opportunities of possible pullbacks. Think about your investment at least in the medium term, not instantly. Take your time, remember our most important motto is patience.
Time is our most precious asset. Therefore, I contributed to you by taking my time. If you do not withhold your shares and likes in return for this effort, you will help me keep my motivation for the next time.
Final Note: All the details I provide here are for educational purposes and do not contain investment advice. You may make a loss in your transactions. This notification is a legal obligation.
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