Based on the following graph give a complete analysis wheather it is a buy or se
ID: 2808549 • Letter: B
Question
Based on the following graph give a complete analysis wheather it is a buy or sell. include explanation
Baozun Inc. (BZUN)Add to watchlist NasdaqeS Nasdas Real Time Price. Cumency USD 46.71-1.88(-3.87%) 4:00PM EDT indicators O Cornperison Date Range 1D ED 1M 3M 6M YTD IY 2Y 5Y Max nterval ID- ** Cande v O Draw Events 65.00 Open High Lnw Clase Volurme 1.75M % Change-17.31% 51.18 51.39 4922 50.29 60.00 50.29 15.00 40.00 RI(14) 3791 X 4DT 70 25 27 11 13 7 922527 Aug 13 15 1 2 232729 Sep 5 2018 14 124Explanation / Answer
The graph incicates that it is a buy. The reasons being:
The prices being ower than their 3 months low.
RSI is nealy 40 which is near to oversold zone
The MACD is near to zero which moves further shall lead to a buy signal
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