There are 2 ways to look at this and similar graphics. Red and mustard colors with There are two opposite patterns that I have mentioned.
It is a stock that I think will continue to decline under normal conditions, but there are positive signals that we have seen recently. These are the mustard-colored harmonic and MACD's positive mismatch in both the simple and exponential moving average.
Also as an exclamation mark RSI My mismatch V2 indicator burns negative!!! You should make the necessary risk assessment yourself, hoping that this harmonic is self-correcting.
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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