Obral Cyber MondayDISKON hingga 70%
FINOLEX CABLES LTD
Pembelian

finolex cable looks bullish in medium term.

Oleh ParamjitMahapatro
Diupdate
it is in a strong uptrend in monthly time frame.
in weekly, price recently bounced from uptrend channel support and horizontal support.
Also hidden bullish divergence seen in weekly. cuplikan

so sl - 447, tgt1 - 551, tgt2 - 590
Trade aktif
till now 508.90
Trade aktif
it has to break the downtrend line to move up , cuplikan
Trade aktif
moving up as expected till now 524.9, cuplikan
Trade aktif
till now 530.15
Trade aktif
1st target done here, closed at 550.40. cuplikan
Catatan
bearish bat formed here in daily, and price reversed from PRZ. in.tradingview.com/x/Pd1FMssn/.

So risk averse traders may book the profits, total 11% profit.
Trading ditutup: target tercapai
both the tgts are achieved here, also price is near channel resistance, total 28% gain till now

cuplikan
Catatan
in daily, price is approaching for a squeeze, cuplikan
Catatan
price closed above upper BB and BB expansion happened here, cuplikan
Ascending ChannelBullish PatternsBullish DivergenceSupport and Resistancetrendcontinuationuptrend
ParamjitMahapatro

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