coal ind should bounce

in weekly, hammer formed at horizontal support.

in daily, regular bullish divergence seen.

sl - 235, tgt - 280

İşlem aktif:

today big green candle formed and closed above upper BB. and BB is expanding, sign of bullishness,

İşlem aktif:

cmp - 255, trend line resistance broken with good volume,

İşlem aktif:

till now 259.80, and price is clinging to upper bb and bb is expanding, sign of bullishness,

İşlem aktif:

going good, till now 270.85, Inv HnS formed and breakout happened with good volume, looks quite bullish now.

İşlem aktif:

till now, 281.35, BB is expanding and candles are riding upper BB, sign of bullishness

İşlem kapandı: hedefe ulaştı:

all tgts achieved here, cheers

Yorum:

after hitting the inv H&S tgt, price retraced back to the pattern neck line, then regular bullish divergence formed at the support zone, after some consolidation, it is again showing strength,

Yorum:

follow up analysis, price bounced sharply, after hitting the support zone,

Yorum:

in weekly, price showing strength, next tgt - 330,