|Yoon Eun Hye|
BIMB has been retracing since the previous bullish march but after analyzing it is currently retracing with retracing volume.. Possible Bull Flag ?
1) Trendline - Uptrend( Bullish)
2) Formed higher high- Bullish
3) MACD -4G1R ( bearish) and let wait for 4R1G and a bullish reversal
4) RSI - rebound toward 70% ( Bullish )
5) Sto - formed bearish crossover and broke below 80 % (Bearish)
6) ADX - strong momentum and bullish
7) Candle Stick -Black candle after hammer ( Bearish) let wait for a Harami attack
8) Chart Pattern - Bullish Flag with Volume Retracement ( Potential Bullish Breakout)
9) Volume Distribution - Selling Pressure is very high (Bearish) but the selling pressure is reducing..