Monday, August 6, 2018

Chart Review - What Happen why TBGI went Down?

I will explain it through Technical Analysis

1. Completed a Bearish Alternate 161.8% ABCD (Respected The 161.88% Golden Ratio)

2. There is a Bearish Divergence between the indicator (CCI)  and the price.

3. It might retest the Neckline of the Cup and Handle which is 80% happen after breakouts.

This just a normal retracement and I think it's an oppurtunity to buy at lower prices.





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