Hindustan Unilever price weakening

16 בינו׳ 2021

The prices are weakening as also you see in the video that the closing of the red candle after dropping down from the converging trend lines made a closing more than 100 % from the previous closing of green candle. Thereafter we see that the prices never could make a FULL RECOVERY. This is quite logical because when the price makes more than 50% downfall, chances of full recovery are just 10 %. SO GAP DOWN OPENING