The chart above shows how
CONFRZ.CO declined after the
SELL signal which was issued on 08-06-2022. Since then, the stock price edged down by a hefty 37.05%. The bearish sentiment may be over now. Our system detected a
BULLISH PIERCING LINE pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because
BUY orders must be placed immediately in case of a confirmation. The
BULLISH PIERCING LINE pattern, if confirmed, indicates an upside potential of -6.69%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!