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eyesice
23 Nis 2017 14:48

ONGC - Rounding Bottom, Flag, Hidden Divergence Alış

OIL AND NATURAL GAS CORPORATIOBSE

Açıklama

ONGC has formed a rounding bottom with a flag.
Notice the hidden divergence.

Seems to be a good medium term buy.

İşlem aktif

RSI and MACD turn around in daily charts

İşlem aktif

Stock is up 4 % today
Yorumlar
shaqqs
expecting down trend of a while on this one.
eyesice
@shaqqs, true. Let's wait and watch
naveenkumar3000
Shouldnt we wait for MACD cross over to initiate a buy ? Apologies for my question in case you find it silly.. i have just started learning TA
eyesice
@naveenkumar3000, We should always wait for the candle to breakout from the flag. Hopefully the MACD should crossover when that happens. Set a Tight SL and hold
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