| The good news about markets hitting new lows is that investors can snatch up stocks that rarely sell off at incredibly low prices.
Our Analysis:
While the price is below 59.00, follow the recommendations below - Time frame: D1
- Recommendation:short position
- Entry point: 56.59
- Take Profit 1: 55.00
- Take Profit 2: 53.00
Alternative scenario:
If the level 59.00 is broken-out, follow the recommendations below: - Time frame: D1
- Recommendation: long position
- Entry point: 59.00
- Take Profit 1: 60.00
- Take Profit 2: 61.00
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