federal mogul looks bullish in short to medium term

Diupdate
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 .
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In weekly, hidden bullish divergence is seen. cuplikan

also price has reversed from horizontal support zone. cuplikan

with sl - 512, tgt - 640.
Trade aktif
it is trying to retest the breakout level, cuplikan
Catatan
Price is approaching the support zone again, cuplikan
Catatan
price is consolidating at the support zone, it can consolidate till indefinite period of time, so a lot of patience is required here. cuplikan
breakoutbreakouttradingBullish PatternsChart PatternsTrend Analysistrendreversal

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