Stocks Analysis

Scomimr Daily Chart

Price already break the trendline and make lower high during this market crisis. Technical indicator 14-period RSI also break the support line and already tested at 2 last candle then pointing down. But it doesn't mean the overall scomimr will downtrend. From the chart we can see that price retrace at 61.8% fibonacci line (golden ratio) which has been tested two times. Current support is 1130. The last candle hammer showing that sellers already exhausted and the buyers took control. I know this will contradict with the earlier statement. What's next?

Hexza Daily Chart

Hexza in my last analysis was trapped in symmetrical triangle. Recently the price breakdown and break the trendline. The 14-period RSI already touched near oversold area, still pointing down and close at the support RSI line area. The last three candles showing that Hexza in consolidation and find a support at 0735 which is near the fibonacci 50% line (0730). We will see next price action by next week...

Jaks Daily Chart

Recently in my analysis showing that Jaks was in symmetrical triangle. Jaks already break the existing resistance and shoot out the sky. But after 2 trading days failed to hold the price and went down. 14-period RSI already break the RSI support line and pointing down. Price consolidate at the moment and I defined no clue.

From my comments above, I will not recommend any trade at this moment due to market crisis which uncertainty. Trading during this time needs a very good skill to interpret the price action. As a new trader, I try to learn as much as possible what will the market action.