TA indicators

  1. 668 Posts.
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    Despite the late surge in NCP this afternoon, I can't help but feel I must trust the technical analysis which continues to suggest more downward pressure is yet to come.

    The MACD is looking week, OBV has turned down and the RSI has turned south as well.

    And finally, the weekly chart shows a small bearish flag is forming.

    Unfortunately most potential PUT warrants are very short on days left.

    Is anybody bullish and could you tell me why.

    Cheers
 
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