IFL 0.48% $3.12 insignia financial ltd

Hi Thereabouts The good...sitting on support area and Kumo...

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    Hi Thereabouts

    The good...sitting on support area and Kumo support so may try hold or bounce off that. There is an indecision doji candle on second chart showing buyers / sellers trying to decide which way.

    The bad...underlying macd and linear regression and momentum crossed down reflecting the recent drop to support.

    Highlighted the prev gap up as some believe mkt doesnt like gaps n tries to close them.

    Doesn't happen all cases as there r diff types that sometimes never close.
 
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