Divislab - In a downtrend channel
Note: This is for educational purpose only.
Divislab is in a clear downtrend in hourly chart. Short can be done post breakout of the channel. As there seems to be a build up near a lower end of the channel, I am currently bearish. However, will wait for channel breakout in case of taking any position.
Divislab is in a clear downtrend in hourly chart. Short can be done post breakout of the channel. As there seems to be a build up near a lower end of the channel, I am currently bearish. However, will wait for channel breakout in case of taking any position.
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