A series of higher highs (HH) and higher lows (HL) is formed making an uptrend. In continuation of this trend a downfall is expected which will make a new higher low.
The stock of YANBU CEMENT shows a great tendency to fall in the coming days, because it is already in a downward wave, and more than that, it is under the vwap so
if there is a red candle tomorrow 85% the value of the stock will collapse
if it's green tomorrow that doesn't mean a lot even if is it Springbox because often it will bounce on the VWAP
so the market...
Can any one help and tell me is this correct or wrong?? i think it will increase but on different time frames results are different and i want to learn why?? TADAWUL:3060
