Sinister candle on the map – Bourse



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The second half of the WSE trading session was held by bears. The continuation of the correction has become a big point of questioning.

No one could complain about the lack of emotions during the Thursday session. The moods changed almost as unexpectedly as in a good horror movie. It started with a strong impact of the offer, because at the beginning, WIG20 lost almost 20 points compared to Wednesday's closing. Even before 10:00, we managed to offset some of these losses, and in the early afternoon, the big business index even managed to get a plus. The rapid improvement in mood is due to sharp increases in foreign markets, especially in Germany. Midway through the session, the DAX gained 1.5%, which was the best result on the stock market map of the Old Continent. For us, it was enough to fill the morning gap. It should be added that the situation in which the weak opening is removed fairly quickly is quite common and can be an interesting topic to look for a market advantage, of course, if someone occupies day trading.


session – its other half brought another wave of sales, as a result of which the WIG20 not only gave up the growth in the first phase of the session, but even went down to new daily minimums. In the end, the big business index ended Thursday with a drop of 1.2%. up to 2156 points The painting shows a candle with a small dark body and a long upper shadow. According to the Japanese technical analysis manual, this is called shooting star training, which unfortunately announces the deepening of the haircut. Especially since it is located at the top of a growth correction of several days. Looking at the chart from a broader perspective, it seems more likely to continue the main trend, which means going down to the holes in the area of ​​2100 points. Worse, a similar situation applies to mWIG40. Despite the momentary exit above the line, the index ended in the negative, and its daily candle has a long upper shadow. The technical analysis suggests that this would be enough to relieve falls. And while it's getting harder and harder to find a company in the market that goes against the current market sentiment, on Thursday there were several notable companies. Speech, among others about the CD project, whose share price has increased by 8.2%. up to 180.9 PLN, setting a new historical maximum

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