BMRI is developing a huge Falling Wedges (Weekly Chart).
The Uptrend Line has been tested a few times and finally broke down on early May. The target from the Falling Wedges pattern is around 3700-3800, is it too far? We might think so.
Here it is some of the interesting point to watch: 1) Current support area between 6150 - 6225
2) EMA233 Support around 4625 - 4650, it is aligned with current flat Leading Span B
3) Weekly RSI has been showing a bearish divergence, indicating a slowing upside movement, better watchout!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.