Well isn't this quote quite impressive and showing a strong commit. Will they succeed and together make the stock prices to go up this year..
Observation
1) Trendline - Uptrend (Bullish)
2) Formed higher high- (Bullish)
3) MACD - Uptrend( Bullish)
4) RSI - Broke above 70% ( Bullish )
5) Sto - Formed bullish crossover and broke 80%( Bullish)
6) ADX - strong momentum and Bullish ( This is a good indicator to push it to the next resistance)
7) Candle Stick - Hanging man ( Bearish)
8) Volume Distribution - High Selling pressure but back by Strong Support (Bearish)
2 Points
6 Points
Conclusion
Winner BULL!!
Broke the resistance at 6.56 and went up
Entry Price 6.72
Resistance at 7.17
Support at 6.56
Resistance at 7.17
Support at 6.56
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