$HAL

$HAL on the weekly chart has been a consistent short seller’s dream, displaying a textbook downtrend. 

Each bounce has failed to gain bullish momentum, instead moving sideways in consolidation before breaking down to establish lower lows. 

This pattern reflects a market dominated by bearish sentiment, where sellers remain in control and buyers fail to mount a sustained defense. 

Last week’s bearish continuation candle further reinforces this bearish tone, suggesting that another lower low may be on the horizon. 

Until $HAL can break the cycle by printing a higher high, the prevailing trend remains firmly bearish, with short sellers maintaining the upper hand.

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