Tern: What is so special about this stock?

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There is nothing strange or nothing special on Tern stock (LSE:TERN). Price trended downwards in July, August and September 2018 (despite rally efforts along the way), and it has been consolidating since then.

4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. Each EMA is flat and with no directional movement. This means the trend is flat.

There is nothing special on TERN at the moment as the market is essentially trendless. However, there may soon be a breakout, which might really favor bulls.

Trading realities:  Trading realities 

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