This is a perfect opportunity to short this stock. Every singe Ichimoku indicator signifies that this is a perfect opportunity. It also signifies it will continue to drop for quite a while.
The indicators used are:
1) Gann Fan
2) Kumo Cloud
3) Tenkan-Sen and Kijun-Sen
4) Chikou line is now free
5) Price-Volume Trendline
6) Stoch Index
Disclaimer: I am just sharing my opinion
The indicators used are:
1) Gann Fan
2) Kumo Cloud
3) Tenkan-Sen and Kijun-Sen
4) Chikou line is now free
5) Price-Volume Trendline
6) Stoch Index
Disclaimer: I am just sharing my opinion
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