key points to looks on chart,
1]Price is moving in ascending channel.
2]Price is at support level.
3]stock is forming hidden bullish divergence.
HIDDEN BULLISH DIVERGENCE:-
A hidden bullish divergence is a very strong indication that prices are about to strongly rally. When hidden divergence occurs, it is classified as the strongest divergence possible. The divergence is formed when price is making HH & HL and against it RSI is making LL is called HIDDEN BULLISH DIVERGENCE. It is a bullish sign to go long.
*For educational purpose only.
1]Price is moving in ascending channel.
2]Price is at support level.
3]stock is forming hidden bullish divergence.
HIDDEN BULLISH DIVERGENCE:-
A hidden bullish divergence is a very strong indication that prices are about to strongly rally. When hidden divergence occurs, it is classified as the strongest divergence possible. The divergence is formed when price is making HH & HL and against it RSI is making LL is called HIDDEN BULLISH DIVERGENCE. It is a bullish sign to go long.
*For educational purpose only.