The force index is now at -229,454. The condition for short position is not there yet. The 22 day EMA of the closing price is still showing a downtrend.
For those traders that want to short this stock, it is probably safer to wait for the force index to go above the zero line.
You can refer to my earlier post for description and performance of force index on this stock.
2 comments:
Interesting chart
Hello mate ggreat blog
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