SamSuka
The Long Investor
The Long Investor

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$HYLN - RC

In a strong downward channel here and just held so far at the 1 Fib. There is a lot to do here to turn this bullish, even the bounce now is likely part of a corrective wave C.

It has managed to get above the 50 Day MA but we can see over the last year that it has managed to get above and lose it continuously.

The 200 Day MA still determines the faith of this trend, it needs to break above this level and hold to show strength.

$HYLN - RC

Comments

Is the reversal confirmed for NIO !?

Hamzah Saleh


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