Bearish Reasoning :
50 Day moving average considerably below instrument .
RSI nearing overbought
Stock at resistance on daily chart.
This is just a quick request for an update on EURN, at this time I do not have a position.
There are some reasons for a continuation of bullish trend too , such as but not limited to, the target price , dividend, book value per share , and analyst recommendation. However, the technical trend is hinting a reversal is coming soon .
50 Day moving average considerably below instrument .
RSI nearing overbought
Stock at resistance on daily chart.
This is just a quick request for an update on EURN, at this time I do not have a position.
There are some reasons for a continuation of bullish trend too , such as but not limited to, the target price , dividend, book value per share , and analyst recommendation. However, the technical trend is hinting a reversal is coming soon .
艾力克~