Looks like this trend will continue, after the gap up some resurgence
is expected from profit takers, Support around 8.50 should swing in the channel
good play for the next few days.
I'm a beginner in Technical Analysis and would like feedback from others.
Looking at STAR I believe a short-term down trend will take place. I've drawn trend lines and use the 5/10 SMA to determine the trend. I'm unsure of the hammer but after some resurgence the downward price action should continue.
Feedback is excellent please leave some!
