SUN Sports & Entertainment Inc (SUNR)

[ken2ak]

I am not into charts. . .so, correct me. A reversal will come but the price may not be at the bottom??? Does this mean, it’s time to buy?

The MACD indicates a strong bearish signal. First, the MACD is below the signal line, a 9day moving average. Second, the MACD is below the critical level of 0, which implies that the underlying moving averages are trending lower.

Recent Candle Stick Analysis is very bearish. The April 30th candle stick was a bearish harami.

Fibonacci analysis for long term trends (120 days) and retracements = 0.005 to 0.016