HEG weekly chart study- Bulls party over! This doesn't mean that bears are going to party.
Here is what we can deduce:
1) Parabola broken. So those who did not book profit can book completely.
2) No fresh buying.
3) No shorting until we see a close below 200 day SMA and channel breakdown.
Here is what we can deduce:
1) Parabola broken. So those who did not book profit can book completely.
2) No fresh buying.
3) No shorting until we see a close below 200 day SMA and channel breakdown.