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| 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 ?
Observation
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..
3 Points
6 Points
Conclusion
Winner BULL
Wait for a Harami Bullish Attack with a Bull Flag Breakout..
Entry Price 2.32
Entry Price 2.32
Take Profit at 2.39, 2.62 and 2.78 ( Breakout Target)
Support at 2.23 ( If Breakout fail)
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
very Bullish~
ReplyDeleteLet hope the global market will be positive to support this counter to be bullish and breakout even higher..
ReplyDelete