federal mogul looks bullish in short to medium term

Güncellendi
It is in long term uptrend.

In daily, it broke out of descending channel with good volume, also price closed above upper bb and bb is expanding and reversing .
anlık görüntü

In weekly, hidden bullish divergence is seen. anlık görüntü

also price has reversed from horizontal support zone. anlık görüntü

with sl - 512, tgt - 640.
İşlem aktif
it is trying to retest the breakout level, anlık görüntü
Not
Price is approaching the support zone again, anlık görüntü
Not
price is consolidating at the support zone, it can consolidate till indefinite period of time, so a lot of patience is required here. anlık görüntü
breakoutbreakouttradingBullish PatternsChart PatternsTrend Analysistrendreversal

Feragatname