LONG LEVI REVERSAL Upwards, established SUPPORT, RSI OVERSOLD,
THE MAIN REASON TO WHY THE STOCK FEEL MORE THEN EXPECTED WAS BECAUSE EARNINGS DID NOT BEAT LAST YEARS BUT THEY ARE STILL POSITIVE. THEY ARE A PROFITABLE COMPANY BASED ON THEIR FINANCIAL STATEMENTS, CASH FLOWS, AND BALANCE SHEET.
INDICATORS:
RSI: IT IS AT 34, WHICH IS REALLY LOW AND IS HEADED UPWARDS SINCE IT WAS AN OVERREACTION. THE COMPANY WILL EASILY GO BACK UP AT LEAST A 1 UPWARDS.
MACD: IT IS ABOUT TO CHANGE MOMENTUM IN TERMS OF UPWARDS TREND. IN A DAY OR SO FROM NOW IT SHOULD BE POSITIVE MEANING GREEN MOMENTUM UPWARDS.
THE REVERSAL IS HAPPENING.
INDICATORS:
RSI: IT IS AT 34, WHICH IS REALLY LOW AND IS HEADED UPWARDS SINCE IT WAS AN OVERREACTION. THE COMPANY WILL EASILY GO BACK UP AT LEAST A 1 UPWARDS.
MACD: IT IS ABOUT TO CHANGE MOMENTUM IN TERMS OF UPWARDS TREND. IN A DAY OR SO FROM NOW IT SHOULD BE POSITIVE MEANING GREEN MOMENTUM UPWARDS.
THE REVERSAL IS HAPPENING.